The Social Web Foundation Is Shaping the Next Era of the Web
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Regarding activitypub itself: it is a very heavy protocol that can only operate with cryptographic signing of communications. That means you need to be running an active program to compute the cryptography. Activitypub cannot be implemented statically like many better social web protocols can (ie, indieweb webmention). That means activitypub websites are fragile and won't last more than a few years without active maintainence. This is bad for the long term health of the web created by human persons.
I sure hope this activitypub-centric "Social web foundation" doesn't take over for the W3C like they say. But even if they do, it's too late, W3C's role was already taken over by the corporate run WHATWG years ago.
This is spoken like someone with technical vision, not product vision.
Content owners don't want these networks shared. The data inherent - who follows who, what the pause over when scrolling, etc. - is where the value is and companies don't want to give that up.
I've worked in app platforms before, specifically trying to build this kind of "follow the entities you want across platforms, your network is unified" solution, and the companies do not want this and will not play ball. The users don't care about this - at least nowhere near as much as they care about being on the apps where their friends or the content they want to create is.
The people that care about this are highly technical people who aren't in positions of power. Average users do not think about this and don't concern themselves with it.
This is 100% about power.
The only ways I could see anything like this happening is through governmental or legislative action aimed at redistributing that power to competition. (Domestic competition, in the case of non-US governments.)
The DOJ is seemingly interested in anti-trust breakups again, and that might lead to more opening up. Non-US governments are especially eager to stop the influence of US tech giants, and they're starting to get aggressive about it.