Let's hope so! The more we diversify our social media consumption as a society the better off we all are. Well, other than Jack and Mark.
I don't think they would care if Facebook and Twitter were each 1/10 the size of what they are today -- they'd still be billionaires and the companies would still be mind-boggling huge. They only care that the companies are much larger than competitors.
>Dorsey underscored in his tweets a need for a new “open decentralized standard for social media”.
https://www.theguardian.com/technology/2021/jan/13/trump-twi...
> Twitter is funding a small independent team of up to five open source architects, engineers, and designers to develop an open and decentralized standard for social media. The goal is for Twitter to ultimately be a client of this standard.