[oooooooooooow]

I think this kind of rebuttal is a bit narrowly-scoped. It's not like we made social media centralized and controlled by a few people BECAUSE other systems were unmanageable/impossible to moderate. We never even got to see a world were users own their social media. In such a world I imagine moderation to be in the hands of the users, evolving into a crowdsourced effort in which anyone can implement off-the-shelf blacklists/whitelists. This way no single node can get mass silenced by decree of a CEO or government entity (thus requiring to "run off" somewhere else). You could see it as free market for information exchange.