Late Stage Capitalism
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That doesn’t invalidate the use of the term feudalism. Under OG feudalism there were plenty exceptions to the rule. But that doesn’t discount the fact that most people had no real choice, or chose to remain where they were for usually social reasons. Even if they could have technically and physically made the jump.
Just like today. Technically it’s easy to dump Facebook, instagram, WhatsApp and whatever. In practice, it means saying goodbye to a social network (in the real sense) and not everybody can or wants to go there.
Feudalism involved swearing loyalty to a lord, usually for life. And it seems that you could not have multiple lords. Our situation is one of complete freedom, where you can leave the platforms anytime, as well as use multiple in parallel and distribute your time using them however you want. So if e.g you feel bound to the popular platforms because of followers, you can use the smaller platforms in parallel, allowing them to grow, so nothing changes other than involving a little more effort. As more people do this, the network effect equalizes. So it’s easy to do, and it solves the problem, yet it doesn’t even cross the minds of most, including of these „thinkers“. Why is that? It seems that everyone operates on the assumption that the masses don’t have free will, or are very stupid, at least.
You totally could have multiple Lords, that was nothing out of the ordinary.
Feudalism was a not some kind of top down system, it was a net woven out of relationships people negotiated all the time.
For example Enguerrand VII https://en.wikipedia.org/wiki/Enguerrand_VII_de_Coucy
He was a vassal to the French and the English king at the same time, so the fun really begins when both are at war with another.