colours

she/her
the dream world
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16.1 Years
genuinely curious. there was a time period where twitter/facebook weren't the absolute behemoths they are now, but how long does that last? do you think there are other social media companies that might take over for being the "new" facebook/twitter? kinda interesting that i'm not hearing much about competitors (at least, not since Google+).

Tsutarja

Age 26
he / him
Florida
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11.2 Years
sadly those two are going to continue to thrive until the federal government says that they need to break up some of their holdings (especially facebook). while we see many new social media sites pop up, i feel that the ones that do are too much of a niche or are overly specific on their purpose (like parler, and we know how that one went) to even grow to be as large as facebook and twitter

i just feel that the two companies are doing their absolute best to make sure nobody else rises above them, and that's why i think it's impossible to see a new social media company be as large as them in the future

Dark Zeta

I like penguins

Age 26
Male
Mississippi, U.S.
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6.4 Years
Well, if there was going to be a time to topple them, it would be now.

But, no. I don't believe anything will "replace" them. Moreso, I see the future moving away from monolithic, centralized platforms. I believe we will begin using a more decentralized approach as time goes on.

I say that based on the sheer amount of paranoia going on about the tech giants now. Especially given the latest Whatsapp purge. Twitter banning Trump basically started a massive chain reaction, and people are starting to actually pay far more attention to the companies now.

This is more or less my hopes, but I don't see anything actually replacing them ever. More that they will just stop being as relevant in the future. It's a long ways out as many people simply do not care about internet privacy or about themselves enough to not be consistently taken advantage of my mega corporations. Only time will tell.

colours

she/her
the dream world
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16.1 Years
yeah, unfortunately i feel similarly. :c i imagine in the near future twitter/facebook will still be around as much as they are now. there may be smaller social media companies that may be similar, but i think there won't be any true competition, at least in the short term. who can say what's going to happen in the longer term, though.
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I was thinking about this a lot, and I remembered something about these tech companies: Very few of them actually make a profit.

Ad revenue just doesn't cut it when dealing with that much data and user traffic. These companies operate on futures, or investors betting that one day these companies could possibly make a profit. I suspect that in the next decade that bubble will pop. So what will be next will be a lot of paid platform subscriptions, you will need to pay to use something like facebook or twitter. With actual money on the table, the dynamics of these sites will change.

Dark Zeta

I like penguins

Age 26
Male
Mississippi, U.S.
Seen 3 Days Ago
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332 posts
6.4 Years
I was thinking about this a lot, and I remembered something about these tech companies: Very few of them actually make a profit.

Ad revenue just doesn't cut it when dealing with that much data and user traffic. These companies operate on futures, or investors betting that one day these companies could possibly make a profit. I suspect that in the next decade that bubble will pop. So what will be next will be a lot of paid platform subscriptions, you will need to pay to use something like facebook or twitter. With actual money on the table, the dynamics of these sites will change.
They actually make a tremendous amount of money. Selling user data helps secure partnerships for them as well. This is Google's primary form of revenue and they are the 3rd company in the US to reach the $1 trillion mark.

The combined market value of the companies under federal scrutiny — Apple, Alphabet, Amazon and Facebook — is nearly $4 trillion.
The money they get in ad revenue isn't anything to sneeze at. I'd $31.2 billion in the first quarter of 2018 was a fairly sizable chunk of change.

pokemon fan person

Age 18
Female
kalos
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twitter/facebook will (most likely) still be super popular in more than a year
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ZeoStar

dream world
Online now
Posted 1 Hour Ago
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3.6 Years
If zuckerberg is really a lizard i imagine facebook will topple with him.

As a serious answer, I don't see them going anywhere. It reminds me of youtube. The current big platforms are so dominant, it's hard for anything to overtake.
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Hybrid Trainer

Age 26
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«UK»
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12.5 Years
While I think the chance of them going is pretty slim (more slim for twitter since facebook is constantly getting caught out for doing illegal stuff), I don't think it's zero. Just look at vine, that was a powerhouse and very suddenly died off.
If they do end up dying, I don't see anything taking their place tbh. Text based social media is becoming the outlier nowadays, everything is based around video. Just look at how Facebook/Twitter have been pushing their version of stories and have been incorporating gifs/images into replies. I reckon TikTok/Instagram/Snapchat (even though one of them is owned by facebook but w/e) will just take their place and people will express themselves through images, or do that thing where they express themselves in the description or upload a picture that's just text.

Tsutarja

Age 26
he / him
Florida
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11.2 Years
Just look at vine, that was a powerhouse and very suddenly died off.
I always saw this as twitter (their owners) killing it and not so much it just dying due to declining use