5 ms·

It's over for facebook, they are myspace 2.0. They should count their blessings they bought instagram.

iKevinShah 8y ago
However, they're also atleast ^2 times bigger than MySpace and have hands in various portfolios (albeit failing ones or the ones which will fail if they over-monetize it). But still far far from over, IMO.
shard972 8y ago
Come back in 6 months and say that. Not trying to be cruel, but it seems like social media entities like FB seem almost impossible to unseat from their position of being the new public space of the 21st century. Nothing over the last day has been overly surprising and pretty much typical facebook behaviour, doesn't seem like near enough to overcome the demand-side economies of scale they hugely benefit from.
- cheeze 8y ago
  Facebook is still big, but it is losing it's throne as king. Facebook is only used by older folks at this point.
  - yesenadam 8y ago
    Argh, I keep reading that (your second sentence) on here. Maybe that's true in the US? It's certainly not true in many countries, at all.
  - King-Aaron 8y ago
    > Facebook is only used by older folks at this point. This is objectively false.
- austincheney 8y ago
  It is safe to say that social media is a young person's drug. There is an addiction factor that they cannot walk away from. The only thing that could displace Facebook is vaping if somehow that were mutually exclusive.
  - sbuk 8y ago
    It may be anecdotal, but I know plenty of over 50’s that constantly use Facebook. It's not just a “young persons drug”...
    - austincheney 8y ago
      Neither is crack or meth, but I suspect there are fewer persons in their 70s in the meth scene.
- gingerbread-man 8y ago
  Speaking personally, two things have kept me from permanently deleting my Facebook account: my contact list, and apps that require FB sign-in. Facebook's core utility as the web's primary identity provider, and the network effects underlying that position, form a tremendous "economic moat." The amount of time users spend on Facebook.com and the iOS/Android apps may decline and cut into their revenue, but their core platform isn't going away for a long time.
  - llampx 8y ago
    > Facebook's core utility as the web's primary identity provider, and the network effects underlying that position, form a tremendous "economic moat." Maybe its just me being extremely privacy-conscious, but I only ever had Airbnb and Spotify linked to Facebook. I never wanted to link Facebook further into my life than I had to. When I deleted my Facebook account it was simple to convert my Airbnb account, and I just let the fb-linked Spotify account die with it.
  - shard972 8y ago
    > Facebook's core utility as the web's primary identity provider, and the network effects underlying that position, form a tremendous "economic moat." That is one thing i found horrific when i went to delete my FB account. I was denied being allowed to delete it because my spotify was linked and spotify has no functionality to change your authentication method so I had to transfer my collection from 1 account to another just so i could delete my spotify so i could delete my facebook...
- notacoward 8y ago
  > Come back in 6 months and say that. He probably will. And again six months after that, and six months after that, and so on. Because it's fun and socially rewarding to predict an enemy's demise. Whether the prediction has any chance of coming true is irrelevant.
fuddle 8y ago
I find Google trends to be a good indicator. https://trends.google.com/trends/explore?date=all&geo=US&q=Facebook https://trends.google.com/trends/explore?date=all&geo=US&q=F...
- Kaveren 8y ago
  It might be indicative of something, but how many people are going to be searching for Facebook anymore? There's only so many markets to expand into, and if you have it installed you probably won't search for it much. Not that I necessarily think Facebook is thriving right now, but I'm not convinced that Google Trends is a good indicator for established mainstream applications people already own.
  - tminima 8y ago
    Yeah and even in browser one can quite easily open the website using facebook.com. No need to search on google for it really.
- akrain 8y ago
  The trend for Facebook has been going down since 2013. That maybe because people are using the app more than they are using it on a browser.
georgiecasey 8y ago
tell that to my mother who's addicted to facebook and views it as the internet basically
- SonicSoul 8y ago
  People viewed AOL as internet once. Until they didn’t

However, they're also atleast ^2 times bigger than MySpace and have hands in various portfolios (albeit failing ones or the ones which will fail if they over-monetize it). But still far far from over, IMO.

shard972 8y ago

Come back in 6 months and say that. Not trying to be cruel, but it seems like social media entities like FB seem almost impossible to unseat from their position of being the new public space of the 21st century. Nothing over the last day has been overly surprising and pretty much typical facebook behaviour, doesn't seem like near enough to overcome the demand-side economies of scale they hugely benefit from.

cheeze 8y ago
Facebook is still big, but it is losing it's throne as king. Facebook is only used by older folks at this point.
- yesenadam 8y ago
  Argh, I keep reading that (your second sentence) on here. Maybe that's true in the US? It's certainly not true in many countries, at all.
- King-Aaron 8y ago
  > Facebook is only used by older folks at this point. This is objectively false.
austincheney 8y ago
It is safe to say that social media is a young person's drug. There is an addiction factor that they cannot walk away from. The only thing that could displace Facebook is vaping if somehow that were mutually exclusive.
- sbuk 8y ago
  It may be anecdotal, but I know plenty of over 50’s that constantly use Facebook. It's not just a “young persons drug”...
  - austincheney 8y ago
    Neither is crack or meth, but I suspect there are fewer persons in their 70s in the meth scene.
gingerbread-man 8y ago
Speaking personally, two things have kept me from permanently deleting my Facebook account: my contact list, and apps that require FB sign-in. Facebook's core utility as the web's primary identity provider, and the network effects underlying that position, form a tremendous "economic moat." The amount of time users spend on Facebook.com and the iOS/Android apps may decline and cut into their revenue, but their core platform isn't going away for a long time.
- llampx 8y ago
  > Facebook's core utility as the web's primary identity provider, and the network effects underlying that position, form a tremendous "economic moat." Maybe its just me being extremely privacy-conscious, but I only ever had Airbnb and Spotify linked to Facebook. I never wanted to link Facebook further into my life than I had to. When I deleted my Facebook account it was simple to convert my Airbnb account, and I just let the fb-linked Spotify account die with it.
- shard972 8y ago
  > Facebook's core utility as the web's primary identity provider, and the network effects underlying that position, form a tremendous "economic moat." That is one thing i found horrific when i went to delete my FB account. I was denied being allowed to delete it because my spotify was linked and spotify has no functionality to change your authentication method so I had to transfer my collection from 1 account to another just so i could delete my spotify so i could delete my facebook...
notacoward 8y ago
> Come back in 6 months and say that. He probably will. And again six months after that, and six months after that, and so on. Because it's fun and socially rewarding to predict an enemy's demise. Whether the prediction has any chance of coming true is irrelevant.

fuddle 8y ago

I find Google trends to be a good indicator. https://trends.google.com/trends/explore?date=all&geo=US&q=Facebook https://trends.google.com/trends/explore?date=all&geo=US&q=F...

Kaveren 8y ago
It might be indicative of something, but how many people are going to be searching for Facebook anymore? There's only so many markets to expand into, and if you have it installed you probably won't search for it much. Not that I necessarily think Facebook is thriving right now, but I'm not convinced that Google Trends is a good indicator for established mainstream applications people already own.
- tminima 8y ago
  Yeah and even in browser one can quite easily open the website using facebook.com. No need to search on google for it really.
akrain 8y ago
The trend for Facebook has been going down since 2013. That maybe because people are using the app more than they are using it on a browser.

georgiecasey 8y ago

tell that to my mother who's addicted to facebook and views it as the internet basically

SonicSoul 8y ago
People viewed AOL as internet once. Until they didn’t