As I understand it:
Three of the filters on the front page are "subscribed", "local" and "all."
Subscribed filtering is what you are looking for to have a curated front page.
Local is a front page specific to posts on your registered instance [in my case, any sub instance (is that their name?) post from Lemmy.world]
All is any Lemmy post across all instances
The most frustrating part is I'm sure they are well aware of what will happen to the site but why care when you can make so so so much money at the expense of others ? 🥲