The threadiverse/fediverse/whatever you call it I still feel is the future, so long as it survives, but it has a very long way to go to become truly sustainable as anything but a niche pocket of the internet.
It is nice to not have all the obnoxious static that comes with the huge mass of users reddit has, but that sparseness comes with the same online emptiness that living in a rural area does. Resources are much harder to find, and varied interactions with lots of people take significantly more personal effort.