Fediverse is too disjointed, I want one place to go for all the seedy "ask reddit" stuff, or for "history", etc. Single-topic silos is a big feature that you can't get in the fediverse when there could be askhistory on multiple instances, etc, and when the whole community is going to different servers to access lemmy, etc..

A centralized reddit that is a co-op / wikipedia like org, would be better. It could still be profitable, it could still run ads even, but it doesn't have to take VC funding, or sell it's soul.