The Facebook Era is Over

Discussion in 'Intellectual Talk' started by Empire, Dec 22, 2018.

  1. Empire

    Empire Valued Contributor Valued Contributor

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    Thoughts?
     
  2. Gayoz

    Gayoz Acquaintance

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    FB is not going anywhere anytime soon, now that when even every grandma is using it. Kids don't use facebook now but they will eventually will when the only point of contact for so many is to message on facebook.
     
  3. Bryn

    Bryn Paragon

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    Not necessarily. There's a thing called Messenger which is said to be more popular these days, and you can even use it without the need of a Facebook account.
     
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  4. Jordan

    Jordan Valued Contributor Valued Contributor

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    Not only this, less and less teenagers are signing up for Facebook, and those who do are using it less.
    The ones who use Facebook the most are the ones who registered before 2010.
    They say Facebook is getting a lot of older people now. Not really true. Just the people who used it 10 years ago, are now 10 years older :p

    Kids today prefer snapchat over facebook messenger.
     
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  5. Heatman

    Heatman Acquaintance

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    Mark Zuckerberg is making millions of dollars on daily basis through Facebook, so it's in fact impossible to close it down.

    A lot of online business is anchored on Facebook, so it's still very important to the society.
     
  6. Alexandoy

    Alexandoy Acquaintance

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    The number of Facebook users continue to grow each day and I think it cannot be stopped by any issue unless it is between life and death like users of Facebook are susceptible to a kind of disease. With the hacking early this year that millions of Facebook accounts were compromised, that issue seemed to have no effect on the users of Facebook. Whether we admit it or not Facebook is here to stay for now.
     
  7. Azareal

    Azareal Paragon

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    It doesn't matter. Facebook buys out anyone who could oppose them.
    Instagram, Whatsapp, etc.

    Facebook proper hasn't really been "hip" so to speak for about five years.
    Even though the media screams about the mothership, they completely forget about their other assets who are comparatively squeaky clean PR-wise.

    Facebook is not a company or website. It is an empire.

    Even if someone new rises up, they'll just get a big check and become part of the Zuckerberg Family. Some people think that decentralised social platforms might be able to do something to change the trends, but they are very lacking.
     
    Last edited: Dec 23, 2018
  8. Bryn

    Bryn Paragon

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    But he had been losing his money from all the scandals going on, especially with Cambridge Analytica.
     
  9. Jason76

    Jason76 Package Team Member Package Team

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    From what it seems like, Reddit and Instagram are taking over - and maybe others.
     
  10. Empire

    Empire Valued Contributor Valued Contributor

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    Yeah they have gone high as this year.. even myself using it allot more
     
  11. killamch89

    killamch89 Familiar Face

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    Facebook is going nowhere - not in the near future at least. I myself only use Facebook for business and nothing else as I find the constant drama on the platform distasteful.
     
  12. Gayoz

    Gayoz Acquaintance

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    Yes, You are right!
     
  13. Jason76

    Jason76 Package Team Member Package Team

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    I don't know if it's really drama on there. It just seems like a bunch of drunk or high people posting funny stuff - often politically biased.
     
  14. VirusZero

    VirusZero Resident

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    The golden age of growth for facebook is over for sure. It'd be hard to grow as fast now as it did years ago. But facebook won't likely disappear any time soon. Too many people still use it. Though it could very easily start alienating users if they started pushing more ads, requiring more info (like a credit card number) to join/be a member, get embroiled in a few more scandals, etc... But even then it's unlikely that these actions would kill facebook outright. People would still likely use it. It'd take facebook doing some colossally stupid things (like the aforementioned, plus some heavy expenditures) to really kill it.

    Though maybe reddit or instagram get more usage now than they used to, but that really doesn't mean much. It's not a zero-sum situation. Just because you use reddit doesn't mean you also can't use facebook. About the only real limitation is that there is only so much time in a day and you have to decide how you want to use it. So it's entirely possible, or likely, that people using reddit are also on facebook.

    Though just because it's so big doesn't mean that it could never fail. Large companies can easily fail. Nothing is ever so large as to be immune to failure. All it takes is a few bad decisions and that can cripple a company.
    Capcom was on the verge of failing a few years ago due to the fact they ignored their fans, made extremely high budget games and then blamed fans for those games not selling well enough to turn a profit. If they had made even 1 or 2 more games like that they could have completely bankrupted themselves and been forced to shut down. Thankfully in Capcom's case they smartened up and have turned things around.
     
  15. Heatman

    Heatman Acquaintance

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    That's true about the issue of Cambridge Analytica with selling of users data for political purposes but the money lost as a result of this isn't anywhere near the profit he is making so far.
     
  16. killamch89

    killamch89 Familiar Face

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    You have a valid point.
     
  17. Heatman

    Heatman Acquaintance

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    Exactly my point. Even with the series of crisis facing the social media lately especially cases of massive hacks of users accounts, it's still wouldn't be enough to take the site down.
     
  18. killamch89

    killamch89 Familiar Face

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    If it continues for a sustained period of time - say the next 1 year they may start laying off staff and start re-structuring but it's going to take a lot more than that get them to shut up shop.
     
  19. Heatman

    Heatman Acquaintance

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    Well, before it gets to that point, I'm absolutely sure that Mark Zuckerberg would set up a crisis management team that would help avert the problem.
     
  20. Soopairik

    Soopairik Reputable

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    FB owns Messenger, Instagram, and WhatsApp. It's not going away anytime soon.