Ask HN: What will the future of consumer social look like?

With incumbents dominating the social media industry for more than a decade, what would it take for a new social app to come out and at least compete with these platforms (IG, Snap, Twitter, Facebook, TikTok). I refuse to believe that the current platforms we have will forever be the go-to social platforms, there needs to be a change in consumer social, something different. The question is: What will it take for a new social app to compete with the current platforms?

What are your predictions for the future of social media?