Yeah. The litigation risk is considered high right now, and no one wants to be first to try it.
Which I totally get. This place is largely run by volunteers, after all.
We saw similar hesitation in the early days of WordPress/Wikipedia/Drupal proliferation. Eventually those solutions greatly enabled sites like BlogSpot and Tumblr to become wild places, and niche sites to pop up for stuff that BlogSpot and Tumblr didn’t want to touch.
I can think of a few specific anti-spam and security tools that strongly enabled casual admins of WordPress to start sites.
I think we will see an erotic golden age once Fediverse moderation tools cross some unknown usability threshold.
Edit: I come across here as really excited about porn. Lol.
Art has a long history of being erotic, and beauty appreciation is one of the better things technology can do.
I am also really excited for the rest of the content that will thrive after demand for porn has pushed the technology to maturity.
Some other good answers already but here’s a sound byte version:
It’s currently expensive to borrow money, and then the borrowed money isn’t as useful as it used to be.