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Facebook actually did die. Meta admitted it in federal court, then booked $201 billion in revenue anyway. During the FTC antitrust trial last year, Meta's defense hinged on proving Facebook no longer competes as a social network. Their own internal data showed just 17% of time spent on Facebook goes to friends' content, down from 22% in 2023. Zuckerberg testified that friend sharing, and even friend adding, has been declining for years. That's the answer to the MySpace question. MySpace had…
Facebook is so slow to die. It's incredible. Everyone knows it's a graveyard of a social network. No new users are joining. Young people don't consider it cool anymore. And not just young people. My feed is dead. No person I know shares anything I care about. Yet, somehow Meta is still big. I know there's WhatsApp and Instagram that are still alive, but Facebook is a defining brand for Meta, and it's a graveyard and a content farm no different from Quora that Google still loves so much for no obvious reason while blocking all other content farms since the Google Panda update was released in 2011. Something is fishy here. MySpace died quickly when it's become uncool. Why Facebook doesn't die as quickly?