Something tells me that Facebook will face death by a thousand cuts, with new more specialized social networks like Pinterest and Instagram grab people's time a

Something tells me that Facebook will face death by a thousand cuts, with new more specialized social networks like Pinterest and Instagram grab people's time away from Facebook. Since these social networks are about their biggest interests, they will spend most of the time there, but will probably still keep the Facebook account as a back-up address book that they can check every now and then.