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BlueSky ToS gives Jack a 'perpetual' & 'irrevocable' license to all your content
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this post was submitted on 29 Apr 2023
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indeed
It's standard boilerplate lawyerspeak for "You allow us to show other people your content." You'll find the same thing on just about any commercial site with user-supplied content, where they want to avoid getting sued for copyright infringement by their users.
I think you are right (and you shouldn't be getting downvoted, imho).
However, the "irrevocable" part is something they might not allowed to add in places with GDPR regulation like the EU.... where users have the right to have their content deleted on request, in what's known as the "right to be forgotten".
IANAL, but a blanket statement like that in the ToS might be a violation of the data protection regulations, unless they explicitly add exceptions at some point in the ToS.