This sounds familiar, almost as if history could perhaps, maybe, just possibly… repeat itself? Nah! (says spez)

People will follow the content creators indeed. Right now I’m not sure where they went though. The last I looked, it was basically nowhere, though to the extent that it was anything I thought it was X (even if via a temporary Mastodon intermediate). Musk fed Huffman bad info, which the Musk himself was not doing (or rather, the circumstances were entirely opposite - a public company going private rather than one attempting to make the polar opposition transition), and Huffman was dumb enough to fall for it, then Musk rakes in the rewards for his dirty deed.

Nowadays - or perhaps soon - as you said it might be Bluesky. So trading one corporate landlord for another, but it makes sense - the content creators will go wherever their audience is, and then the latter will in turn mindlessly follow the hoarde, but with an enormous delay measured in high number of months to even years. Plus, content creators need revenue to survive, e.g. how many videos is Ian Danskin (of Innuendo Studios) putting out these days? Then again, how many people especially younger ones even watch 20-30 minute long “video essays”, rather than TikTok(-style) short-form clips?

All the rest: yup.