Great news — social media is falling apart

L4sBot@lemmy.worldmod to Technology@lemmy.world – 412 points –
Great news — social media is falling apart
businessinsider.com

Great news — social media is falling apart::I don't know where to post: there are too many social platforms, and the old giants are dying. The age of social media is splintering.

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The business model has always been unsustainable and plain stupid, imo.

You could make a valid argument that that goes for the concept of capitalism as a whole as well.

True, but I think its more that the United State's version of capitalism lacks safeguards against corporations influencing government regulation, and that leads to unsustainability.

Although I suppose the same could be said about social media, except the corporation in control would have no incentive to curb their own control.