Following in the footsteps of Hashicorp, Hudson, etc. Zed has chosen to cash in the good will of its now substantial user base and start going to full corporate enshittification. Among other things like minimum age nonsense, they have also added binding mandatory opt-OUT arbitration.
I find such agreements very troubling, because it gives up public funded dispute resolution for private which nearly unanimously benefits larger entities, it lowers transparency to near zero, and eliminates the abilities to act as a class and to appeal. But I worry most will just accept it, as is the norm.
You can however opt out by emailing arbitration-opt-out@zed.dev with full legal name, the email address associated with your account, and a statement that you want to opt out.
I’ll just consider my days of advocating for Zed as an interesting new editor over and go back to Neovim bliss.
The CLA can never override the code license. It handles the transition of your code into their code, and what they can do with it. But once it’s published as AGPL, you or anyone else can fork it and work with it as AGPL anyway. Yes, the CLA can allow them to change the license to something different. But the AGPL published code remains published and usable under AGPL.