this post was submitted on 06 Oct 2023
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This is probably an overreaction. I do, however, think their growth is reversing and that’s why platforms like Facebook are diversifying rather rapidly. Things like Facebook marketplace and instagram are still hugely popular.
Us that are tech literate tend to not see the giant mass of tech illiterate who will always use the stuff they know aka Facebook.
Everyone on Lemmy keeps saying Facebook is dead, but it just hit it's all time high of 4B monthly active users.
Facebook will never die. Too many people in third-world countries rely on Facebook for internet access. Facebook is happy to provide free connectivity to keep people hooked in countries like Philippines. They mask the images and videos in FB Messenger, but then provide a very ad-heavy Facebook lite experience for free. They brokered a deal with the carriers in these countries for this. Facebook is here to stay for a very, very long time.