The whole Internet just keeps getting more centralized, and controlled by corporate interests. I don't even know how you can setup a functioning email server these days. Google and MS have basically funneled all email through them at some point, just by how huge they are, and basically control what happens. All the old protocols have vanished years ago for www (and keep getting re-implemented). (RIP to gopher, usenet, irc--which I guess isn't fully dead yet).
My hope is that we're just going through a phase (we being the capital I Internet) and we'll break through and get things decentralized and distributed again, and make the Internet feel more fun. It's really just felt like another way to get advertisements and sell things to me, more than a way to connect to others and form communities.
Hopefully the fediverse idea continues to grow. It's got a lot going for it, ideal-wise.