I have been on different social media platforms for years now and now I have been on hive for just 10 months but I can say that hive is not controlled by one person or one company but it manages on a community of users who store information on the Blockchain. But centralized social media like Facebook, Instagram, YouTube etc are owned and also controlled by one company.
On hive we can earn rewards by commenting, voting,and posting. Even in doing short content we will be rewarded with comments rewarder but on centralized social media, users don't earn instead the company will make funds form their adds and data usage.
Also you will have amount of fellows on centralized social media before your account will got monitized which one hive you don't need to have fellowers before you start earning. That is why I don't normally be on centralized social media since I got to know hive. What I do their is to advertise my business and come back to hive to post content and engage meaningfully on others content which am getting rewards on.
Hive is very transparent indecence that rewards and votes are recorded publicly on the blockchain but on centralized social media users information are usually shared or sold for advertising purposes.
You can not post anyhow content on hive like using Ai, chatgbt and palegrarism, hive only needs our originality in our post but centralized social media platforms don't care if you use Ai to post a content in their platforms.
Social media platforms like Facebook can restrict or even banned accounts but hive blockchain content can't be easily removed by any authority. I think is high time we will let more people go know about hive blockchain as a decentralised social media platforms where people post their own contents and earn without any fellowers. Some people taught that hive is like web2 platforms where they will get amount of fellowers before they got monetized.
Lastly I will say that hive gives power, ownership and rewards to the users but centralized social media platforms gives control and income to their platforms.
This is my take on this week contest thanks to you all for stopping by @ozobaby really appreciate you all. https://ecency.com/hive-197685/@indiaunited/indiaunited-new-contest-and-last-b7df040900eaa