What I see on social media is more just the leftovers. There's little authentic interaction and engagement there.
Reddit and Twitter, the two posterchildren of poor management, have plenty of actual interaction. They also have a significant amount of shitty noise, which is incredibly off putting, but the average person is still more likely to go there than where our niche communities end up.
They might be dying slowly, but they're not even on life support yet.
Just because people want to go back to more censorship doesn’t mean Twitter is dying.
Reported yesterday [0] that it’s worth 73% less than when elon took over.
You absolutely may have a different definition of fantastic but what was once one of the largest social sites losing 3/4 of its value in 15 months is significant.
aside from actual financial analysts, my own personal anecdata has pretty much mirrored their analysis. i’ve gone back and gave it an honest try like 4 or 5 times and each time has been worse than the previous. it just reinforced why i (and more and more people) choose to spend our time in other places.
[0] https://fortune.com/2024/03/30/fidelity-x-stake-73-decline-s...
Investment banks can find it worth less than it was from a return on stock financial view,
and millions of users can find it a fantastic messaging portal,
and individual people may not like aspects of the portal.
"was once one of the largest social sites" - I feel that X is still one of the largest social sites wordlwide and especially in the US.. Priori Data has them in the top 12 of the world at 600 million users 6 days ago.
[1] as in "hacker news"