3 ms·

Does anyone realistically think "Facebook" will exist in 2100? Looking at how different the web is today from even 20 years ago there's almost no services that

Does anyone realistically think "Facebook" will exist in 2100? Looking at how different the web is today from even 20 years ago there's almost no services that are remotely the same. This study is analogous to one which says "if Cardi B continues to gain new fans at her current rate there will be 100 billion Cardi B fans by 2100" - it's a fundamental misunderstanding of the data, just as pop bands go in and out of vogue, dramatically changing their customer-base, so do businesses (especially websites)

saulpw 3y ago
From the Fortune 100, which of these companies do you think will exist in 2100? #1 Walmart #2 Amazon #4 Apple #8 Alphabet #13 Microsoft #31 Meta #48 Disney #52 GE #65 IBM #100 Coca-cola All of these companies, except Meta, existed 20 years ago. Several of them existed 100 years ago. They all have enough assets and infrastructure to weather one at least if not two generations of poor leadership (and many already have). It's reasonable to say that Facebook the product won't be around in 100 years, but Meta the company? They may be #65 on the list, limping along, but they'll be there.
quags 3y ago
I can see Facebook the service not existing by then for sure. Facebook does have cash and a brief search shows about 54 billion in cash to 19 billion debt. So give or take there is a pile of 30 billion which if generating even 3.3 % on their cash that will be around a billion a year. One smart investment every 5-10 years would be enough to stay around.