A lot of people dislike it for the privacy nightmare that it is and feel the threat of an EEE attack. This will also probably not be the last time that a big corporation will insert itself in the Fediverse.
However, people also say that it will help get ActivityPub and the Fediverse go more mainstream and say that corporations don’t have that much influence on the Fediverse since people are in control of their own servers.
What a lot of posts have in common is that they want some kind of action to be taken, whether it’d be mass defederating from Threads, or accept them in some way that does not harm the Fediverse as much.
What actions can we take to deal with Threads?
That’s the Embrace part, and it is mutually beneficial. Later on, Threads may give your Mastodon account a special color to mark you as one of the crazy socialists, and let their own users exchange unique awards, super-boosts, or other neat Extended features. Then connection between Threads and Mastodon-at-large becomes unreliable due to technical differences in protocol or just volume of content. Threads users see a handful of their friends drop off for no apparent reason, but ‘classic’ Mastodon users lose almost everyone and the platform is effectively Extinguished.
So you’d end up … exactly where we are now?