Facebook has been at the forefront of technological advancement and development for more than a decade since its inception guiding more than three generations of users to an unparalleled experience of social media communication and interaction. Since its release with its biggest competitor being My Space back in the day, Facebook has come a very long way from then being one of the top guns in the industry competing with Google and Microsoft every now and then and even acquiring the biggest applications of other markets such as Instagram, WhatsApp, and Oculus.
However, as far as Facebook has come forward with its innovation and creativity, recent data has shown that its time might be over sooner rather than later. This has come in light of the special disturbances that have been a result of the discrepancies such as the 6 hours shut down paired with the security breaches, privacy violations, and court cases on the aforementioned scenes, Facebook has seemed to dissipate into the air as the next generation of internet users is more inclined towards the schematics of the Web 3.0 being at the forefront.
One of the most astonishing statistics showed the number of teenagers that were using the application have dropped down from a high and mighty 94% in 2012 to a mere 27% in 2021 and the trend seems to show that the number would continue to decline in the coming years.
With the recent name change announced by Facebook that it is rebranded to Meta and will expand over as Metaverse shows that even the higher ups at the head quarters in San Francisco are aware of the fact that Facebook is indeed dying down and it is in the best interest for the company to be at the forefront of development by working on the intricacies of the augmented and virtual reality models optimizing it to the maximum.
With the same statistic result showing that Instagram is taking the lead ahead of Facebook for being the most used social media platform and TikTok, YouTube Shorts, and many others in the list, then out of date and cliched platform that Facebook is, seems out of the run now. For Facebook, being a separate subsidiary might be the answer to all of its questions and might result in it being more inclined towards suiting to the needs of the users, however, this is all speculation and what is about to happen with Facebook will surely be something to see.
Read next: Facebook has introduced a new academic research API that will allow educational institutions access to data on behalf of their researchers
However, as far as Facebook has come forward with its innovation and creativity, recent data has shown that its time might be over sooner rather than later. This has come in light of the special disturbances that have been a result of the discrepancies such as the 6 hours shut down paired with the security breaches, privacy violations, and court cases on the aforementioned scenes, Facebook has seemed to dissipate into the air as the next generation of internet users is more inclined towards the schematics of the Web 3.0 being at the forefront.
One of the most astonishing statistics showed the number of teenagers that were using the application have dropped down from a high and mighty 94% in 2012 to a mere 27% in 2021 and the trend seems to show that the number would continue to decline in the coming years.
With the recent name change announced by Facebook that it is rebranded to Meta and will expand over as Metaverse shows that even the higher ups at the head quarters in San Francisco are aware of the fact that Facebook is indeed dying down and it is in the best interest for the company to be at the forefront of development by working on the intricacies of the augmented and virtual reality models optimizing it to the maximum.
With the same statistic result showing that Instagram is taking the lead ahead of Facebook for being the most used social media platform and TikTok, YouTube Shorts, and many others in the list, then out of date and cliched platform that Facebook is, seems out of the run now. For Facebook, being a separate subsidiary might be the answer to all of its questions and might result in it being more inclined towards suiting to the needs of the users, however, this is all speculation and what is about to happen with Facebook will surely be something to see.
H/T: Statista.
Read next: Facebook has introduced a new academic research API that will allow educational institutions access to data on behalf of their researchers