In a lot of ways, it follows the same trend of hobbies or necessities being developed by a community of the most devoted (eg ham radio, BBS/forums, electric bicycles) which then get taken/co-opted by investors and salespeople until the community is barely involved at all, and is actively harmed by commercial interests.

In the case of ham radio, commercial radio stations stood on the backs of brilliant engineers at Marconi as well as experimentalists doing odd things that were then refined. Things would be alright, until the commercial entities found that the allocated spectrum for ham radio would be "of better use" for privately-operated communications networks or whatever. Those "high frequency" bands that were considered junk compared to long wave? Taken away and only a narrow slice given back for the experimenters to hone their craft, yet again. As a side note, early wireless networking used the then-junk band of 2.4 GHz, because that's what microwave ovens used. But today, the 2.4 GHz band is probably the most important and congested band in the world, precisely because all manner of consumer and industrial devices around the world use it. Early computer and radio hobbyists were responsible for making that happen.

The rich history of BBS systems led to modern web forums, but then led to things like Facebook groups where it's a requirement to sign-in to read, let alone engage in the discussion. The Fediverse is more aligned to independent web forums (using a common protocol) than it is to a monolithic social media platform.

And then electric bikes. Or initially, motorized bicycles, which were a new concept when brought to the USA from Sweden in the 70s, as a solution to the oil crisis. That trend quickly faded, but left a group of hobbyists dedicated to homebuilt two-wheel mobility within a narrow yet still legal framework to run on the road. Who could have predicted that the advancement of lithium ion cells -- documented well by the flashlight community, btw -- would set off a renewed passion in electric motorized bicycles, which ultimately gave us commercially-produced ebikes with massive uptake? In Germany last year, the number of ebikes sold exceeded the number of acoustic (read: conventional) bicycles. What do these initial hobbyists have now? Mostly burdensome regulations because a small number of shoddily-built commercial ebikes went bang too often. And now a homebuilt ebike is viewed with great suspicion despite not accounting to much of the total population of ebikes at all.

Can you tell what some of my hobbies are? :)