The end of social media as we knew it. Not too soon.The mass exodus has begun. Social media getting blocked left and right, users fleeing towards alternatives, foreign countries building their own platforms.
The monopoly is over. The collapse will be apocalyptic.
Any increase in price is a sucker rally and a short entry.
Twitter and Facebook in particular will be hit very hard.
The US government might also give them the Standard Oil treatment.
China got its social media, Russia got its (maybe they recreate some sort of Soviet Union?), Europe was officially on the US side because the snobs were but now the snobs are pulling away so perhaps they develop their own.
France university liberals started a campaign to "decolonize" the country from US racial ideas, I don't know how big it is yet. They said that it was a fad with marxist roots, where "proletariat exploitation by rich owners" was replaced with "oppression of blacks by whites" (took them a while to figure it out) and people (especially young impressionable people) were mindlessly repeating what they saw on social media (herd mentality).
After Trump was banned, Angela Merkel criticized the tech giants, France too. Poland is making laws to prevent them from censoring people (if they do nothing illegal) with a big fine for non-respect.
Some companies said "bans were not enough" and want to remove some people from the internet completely, for example Mozilla wants to block people via the navigator.
The insane fascist-communist US might go along, but obviously the whole world will not agree.
The novelty effect is over, this is 2021, making a website is not that hard. Other countries can do it. Specialised/niche sites can pop out.
Other companies can do some of what TWTR does better. And there can be some "apps" that link it all together.
They're going to zero, just like myspace 🤗
