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Yes, it is, but it will be a long and painful one, as they are the biggest social network, by far. Developers and other platforms are slowly decoupling from Fac
by AlexPMHero 5y ago
Yes, it is, but it will be a long and painful one, as they are the biggest social network, by far. Developers and other platforms are slowly decoupling from Facebook (FB Login, Ads, etc) and it's impacting their business. As they lose users, and engagement, they will lose ad dollars. This will cause them to make short term decisions to make up for the loss, which may hurt them in the long run.
The saving grace is if they somehow deliver on their Metaverse promise. Zuck knew FB was dying before everyone else, hence the full on pivot. We'll see if they can reinvent themselves to become the leader in Web3, which could ultimately save the company. As it stands today, with war waging on multiple fronts, regulation, user sentiment, competition, emerging trends and so on, they are dying.