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Facebook’s downfall does not necessarily have to come from “lower user engagement”. Think about the context that FB operates in. Imagine more and more governme
by vincvinc 8y ago
Facebook’s downfall does not necessarily have to come from “lower user engagement”. Think about the context that FB operates in.
Imagine more and more governments reading more and more stories about how this powerful platform is influencing elections, allowing hate speech, spreading lies and even causing genocides. You don’t have to have a too big imagination to see what they will do next.
Not to mention the influence of all these awful stories on how end users feel when they go on the site. Smoking, too, has many “daily active users”.
A crisis for Facebook surely can start with media narrative. “Growth solves all problems” is only for early-stage startups, not for social networks used by 1 in 4 humans.
- mandevil 8y agoAlso, what effect does "we are evil" have on employee morale? What effect does a 20% decline in stock price (for a company where the RSU's and options were a significant hiring advantage) have on their ability to hire and retain talent? If they lose the talent war, does that affect their future growth potential?