GitHub Cannot Survive for Much Longer
GitHub was never profitable. It could not make a profit because it operated based on giveaways (bandwidth and more). The real "value" of GitHub was control over projects and over developers. Last year Microsoft chose to hide away GitHub, which was costing a lot of money, and toss it in the "AI" bucket [1, 2].
Since then its activity has decreased (see above and other metrics we shows before). That's because it does in fact have competition; besides, how much longer can Microsoft afford to run GitHub at a loss?
As Ed Zitron has explained, Microsoft loses money and borrows money. To lessen the losses Microsoft has just shut down its visitor center in Redmond. It is shutting down many things while building a giant snowball of impending layoffs [1, 2].
People who think that GitHub is "free hosting" are deluding themselves, just like Vimeo users. GitHub's competition has paid off its debt, whereas Microsoft is trying to just hide the debt. █