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I see lemmy as a sort of test-balloon: Can we overcome network effects? And in a larger (and maybe slightly hyperbolic) sense, can we become a rational civilization or are we doomed to fail as a species?
On a civilization level we are currently seeing a massive downward trend due to news and social media become completely... well wrong. And it's getting worse. The main media aspects of the internet have done the exact opposite of what we wanted it to become. And most of it is because it's run only for profit.
So lemmy and the fediverse is a pretty good attempt at trying to break that and replace it with something more democratic and sane. But I think it's likely that lemmy is going to fail to achieve that. The synergy through network effects is just too strong. Reddit, youtube, facebook, google, twitter will never be replaced. At least not without a massively funded alternative (e.g. tiktok that funded creators for a while) and that just ends in the same way again. Seeking profit instead of serving the users is a kind of insanity for our "means of communication".
Of course that is a bit hyperbolic and lemmy is fine and fun to use as it is, but I wish it would fully replace reddit as a sane alternative.