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.
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.
deleted by creator
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.