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Facebook aren't infallible. Nearly every social media went parabolic growth so far. It's inherent to social media. It growths while the network effect encourage
by bronzeage 6y ago
Facebook aren't infallible. Nearly every social media went parabolic growth so far. It's inherent to social media. It growths while the network effect encourages people to talk about it and join it, it wanes when interest fades and people you don't want to see end up there, and you grow tired of seeing them, and as people who you joined to socialize with leave, you leave too.
Facebook will eventually fall. They will desperately try to buy their competition. But the inherently parabolic behavior of social networks will catch up with them and eventually one competition will not agree to be bought.
The most interesting part is that those networks don't realize their inherently parablic growth and usually ending up behaving like they are still growing exponentially at the peak of their growth, quickening the decline.
- scarface74 6y agoYour theory is based on other social networks that were both never as big or mainstream and that didn’t have the money to buy up competitors.
- tennineeight 6y agoGP also forgot about Snapchat, the one competitor that did not agree to be bought. Facebook, in response, just copied Snapchat features in Instagram, and waited them out. Because they could.
- luckylion 6y agoFacebook has a good message-distribution-thing going though. If you're a student, there's plenty of official and semi-official info-distribution via FB, WhatsApp etc. My local government uses FB more than their own Website. If you want to know whether you still have to wear a mask next week, you need to check FB. That's a strong value proposition, because you can opt out, but you're going to pay for it by not receiving information / receiving it delayed.
- newacct583 6y ago> it wanes when interest fades and people you don't want to see end up there That's not really happening with Facebook. It's true it's new subscriber growth is dropping, but it's existing users are actually quite static. We happen to live within a niche where "Dump Facebook" is trendy, but we aren't representative at all.
- rusticpenn 6y agoThey have purchased their competition (Instagram, Whatsapp) already.