I’m talking about their new apps. Like Threads, Metaverse…
Facebook, Instagram, and even YouTube only work on momentum. Facebook is clearly running out of steam and lost almost all relevance in the younger (that is, under 50) population. Instagram can still catch a large audience, but the young people already switched to TikTok.
All in all, the old cash cows are slowly drying up and there’s nothing new coming.
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