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Facebook is in the slow process of finally dying. Their ownership of Instagram is sustaining them for the time being, but they are now desperate to steal some m
by developer2 6y ago
Facebook is in the slow process of finally dying. Their ownership of Instagram is sustaining them for the time being, but they are now desperate to steal some market share away from Reddit, TikTok, and WeChat. Facebook is far more desperate than they're letting on publicly. They have already been on the decline for multiple years; the competition is now finally speeding that process up dramatically.
When was the last time you truly cared about anything Facebook-related? A few Twitch streamers switching to their platform? The only reason anyone is streaming on Facebook right now is because they were offered multi-million contracts, or because Facebook is currently paying out "autoplay while scrolling through feeds" as view counts (ie. advertising payouts based on PPV instead of PPC/PPA); when that stops, those streamers will lose everything. Facebook has inflated its viewership numbers by cheating via a "loss leader" tactic, but with nothing else recuperating the losses, which only leads to financial collapse.
tldr; Facebook is finally coming to an end. Their executives know this better than anyone, so they're scrambling to pick up as many scraps as they can in order to delay the inevitable.
- blisseyGo 6y agoAre you referring to Facebook as a company or Facebook - the product? I do think the Facebook product itself is dying. But their other ventures like IG, WhatsApp etc are doing very well.
- kilroy_jones 6y agoWechat is in no way a competitor to Messenger or WhatsApp.
- spideymans 6y ago>tldr; Facebook is finally coming to an end. Their executives know this better than anyone, so they're scrambling to pick up as many scraps as they can in order to delay the inevitable. Facebook is the Microsoft Office of social networking.. at least in "coolness" factor. Folks under 25, 30ish years old, pretty much only use it because they have to, not because they want to. WhatsApp is in a similar boat amongst young folk within the United States and Canada. Instagram really is Facebook's only social network that has any kind of cachet with this demographic.