As they say they'll allow account migration, I am kinda hoping that we can poach some of their users when they realise that being on the Fediverse means you don't have to give your content to a soulless corporation for free. However, I might be being optimistic.

At the moment, they seem to have tossed out a beta version to try and capitalise on Twitter's problems but it's up in the air if it'll even work - the discussion on the radio suggested people use Twitter to follow news and current affairs and Instagram for funny dog videos and now you are going to be getting your news and current affairs from the people who make funny dog videos. Possibly a bit flippant but it's right in that Twitter has a lot of staying power because people will have carefully curated their account to deliver the information they value. That in itself makes it difficult to move.