ELI5 - why is the MIT license being used over the GPL for open source?

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The original was posted on /r/opensource by /u/JeelyPiece on 2025-03-20 11:42:23+00:00.

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Isn’t it the case that the MIT licence allowing adoption of code into closed source products just ultimately promoting the closing of code?

Edit: Thanks for all your answers, and keep them coming, they’re really helping me understand the issues!