• @wise_pancake@lemmy.ca
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    322 days ago

    Yahoo just gradually died as people started slowly abandoning it.

    The same can happen to Facebook, but it won’t die with a bang.

    • @Vipsu@lemmy.world
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      232 days ago

      This.

      What eventually kills these platforms is “death by thousand cuts”. Enshitification, controversies, legal problems will alienate users bit by bit. Competing services will then make some people visit less and less until they stop coming at all.

      These platforms are competing for peoples attention/time which is finite resource.

      • @Lost_My_Mind@lemmy.world
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        32 days ago

        Unless you’re myspace. Myspace was great, until facebook just suddenly existed, and took over. Felt like it went from never hearing of facebook in 2006, to 2007 myspace is basically dead.

        • AwkwardLookMonkeyPuppet
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          71 day ago

          MySpace was sold to News Corp for $580 million dollars. Then they purged everyone’s accounts, all their blogs, posts, pictures, everything. Talk about not knowing what they bought. Serious WTF. Users could submit a form and get some but not all of their profile back. One year later MySpace was worth an estimated $35 million. It was the worst tech acquisition until Twitter. This all coincided with Facebook opening up to the public and becoming more popular. So it’s not exactly that MySpace just collapsed, Rupert Murdoch killed it.

          • I Cast Fist
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            324 hours ago

            It was the worst tech acquisition until Twitter.

            To be fair to the fucking muskrat, he paid 44 billion dollars to have the loudest voice in the world. By chance, he also got a lot of power in US politics. Sure, he’s killing twitter in the process, but he can probably recoup the money through other means.