I would understand if Canonical want a new cow to milk, but why are developers even agreeing to this? Are they out of their minds?? Do they actually want companies to steal their code? Or is this some reverse-uno move I don’t see yet? I cannot fathom any FOSS project not using the AGPL anymore. It’s like they’re painting their faces with “here, take my stuff and don’t contribute anything back, that’s totally fine”
I understand this may not be exactly how you meant your comment, but I think it’s important to clarify that free/libre software can also be commercial software, and in fact must allow commercial use in order to fit the Free Software Definition. It is probably easier to make lots of money with non-freely licensed software but I think contrasting “public” code with “commercial” code muddies the terminological waters a bit.