Facebook is an American company, if it fails in that market, it will most likely eventually fail globally as well. Orkut being super popular in India and Brazil didn't save it.
As another anecdote, Facebook has died out amongst my peer group, it used to be heavily used for event planning amongst friends but now it's been abandoned despite no good replacements in the wings because nobody is on Facebook to see your events. Instead we are back to using text messages and emails.
With that being said, anecdotally, in younger (American) circles, facebook.com isn't used much as a social media/content sharing platform. However, other facebook (meta) products like messenger, and instagram are still used a ton, not to mention facebook.com "subproducts" like marketplace, or using facebook pages to act as a landing page for a business. Just because younger people don't use facebook.com doesn't mean they have little relevance within that subgroup.
This isn't even including the huge influence of whatsapp, granted it still(?) doesn't generate any revenue. Facebook developer products like react or pytorch also have a very strong foothold among young developers.
Wasn't one of the points of their recent rebrand to Meta to better define "Facebook" as a singular product, and not the company and its other products?
I see this a lot in other threads pertaining to Meta/FB but its all semantics at the end of the day. And even if they are referring to "Facebook" the singular product being irrelevant, its not really informative since at the end of the day Facebook is a B2B company that sells data and serves targeted ads. It doesn't matter if they get that information to you through oculus, facebook.com, instagram, or whatsapp, and as of now, their "core" products (fb.com, instagram, whatsapp, messenger, oculus) still cover a huge market of people they can glean data from.
I wonder what insights we can extrapolate to billions of people from our sample size of 2.
Are you using FB and IG and have tried friends most people you know and actively check if people are around those platforms or how else would you know? I find it hard to believe much of any one who is active on the internet does not know any one who does not use FB or IG. There are a lot more people on IG than most people realize because of it being harder to find people. For a community I run, no one knew half of the other members on IG until I listed everyone out to members.
You can't extrapolate your opinion to the behaviours of a billion plus people.
Also the ads I get are generally shockingly relevant to me. I buy stuff from Facebook ads sometimes.
1) Meta has a lot of active users across all of their properties (Facebook, Instagram, Whatsapp). Even the core Facebook product generates a lot of activity, which can be seen from their financials.
2) The great majority of Facebook users are under 50 (Source: https://www.statista.com/statistics/187549/facebook-distribu... )
HN commenters (and their friends) don't overlap with Facebook's userbase as much as the general population. It doesn't make sense to try to extrapolate from individual anecdotes when vast quantities of research and data are available on the topic. It's reminiscent of people who refuse to acknowledge climate change because it's not hot where they live. Ignore your bubble, focus on the plentiful data available.
It’s true that the 20somethinga don’t use it much, but they’re all on Instagram.
I'm in my 20s and It's a reliable way for managing events, group chats and marketplace