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It would be great if Steam had competition! They're pretty good for what they are, but I'd rather not have to trust them to be so nice.
As long as gaben is in charge I think it's in rrasonably safe hands, but the second he is out the enshittification will be Swift and complete.
I foresee the only chance steam has of not being immediately enshittified would be for it to be a 100% employee owned company and to stay the f away from ever being listed anywhere.
I don't know about that. The whole company is set up in a very unique way, such swift enshittification would probably cause a mutiny.
How well the culture of just making good things is enshrined once Gaben is gone is a different question. I can easily see a slow dissolution of the company as the people who care and the people who can grab power fight.
I also don't know the internal details of the structure besides that it's very flat and self-driven. Perhaps Gaben has an apprentice? I can't imagine him being completely blind to his unique importance, surely they won't just sell the company or hire a random CEO.