I think this is going to be a trend. Centralized social media just isn't financially viable and it's worse for the users in so many ways. We already have alternatives for youtube, reddit, and twitter popping up. I think youtube might be the hardest to replace though because so many people view youtube as a job rather than a place to share content just for the sake of it. Hopefully with all this we can return to the good old days of the internet where a few corporations didn't control the majority of traffic.