I think INS said it best

Of course, the corpo-silos are attuned to the phenomenon, trying to adapt their marketing lingo with cool buzz words like “Federated”, “Decentralized” and so on… Some nerds who fell for it jumped from one corporate hell-hole into another, are asking us to give them 30 million dollares americanos. This amount is needed to add “fire exits” to bluesky (AKA, to decentralize it). You know, in case the silo turns out to be ehm… well another silo. After all, we can’t just use anything to talk to each other: It has to have a je ne sais quoi of sex-appeal!

https://networkcultures.org/geert/2025/01/30/join-global-switch-day-on-february-1st-2025/