> Facebook is a fad that will pass. Pretty soon people will be onto the next big digital media thing and forget all about their facebook accounts. I used to th

> Facebook is a fad that will pass. Pretty soon people will be onto the next big digital media thing and forget all about their facebook accounts. I used to think Facebook would become a passing fad as well, but we've been saying this for a while and nothing has changed other than Facebook growing larger in size. > Also facebook isn'really a media company. Yes they have some news stories, but that's not what people really go to facebook for, people go there to keep updated on their friends, which doesn't seem like such a threat. The Facebook brand is tenacious and it's pivoting into other things. Take for example the recent deal to stream live MLS games [1] or news outlets leveraging Facebook Live for supplementary content. Let's also not forget that, sadly, Facebook is a primary source of news and information for many people. I think the days of Facebook being only about status/friend updates are over. [1] https://techcrunch.com/2017/03/10/facebook-scores-a-deal-to-live-stream-major-league-soccer-matches/ https://techcrunch.com/2017/03/10/facebook-scores-a-deal-to-...