There's an army of users out there accustomed to and just simply want to see what their friends are up to and posting.
Are they as sexy as the bajillion TikTok users out there? No.
Are they enough to build a solid business aruond? Yes.
Would facebook ever consider stepping up to the plate that built their core business again? No, because Facebook management sucks.
I don't give a shit about algorithmic recommendations and of horse-shit force-fed happiness content don't anticipate ever changing that. Many of my friends are the same way.
> just simply want to see what their friends are up to and posting
People keep saying this is what people want. Show me the numbers that it's true.
Because when Twitter, Instagram, Facebook, Tiktok, Youtube etc. all move to this model and stick with it the evidence is clear that it's not want people want.
Did you ignore the OP's long tail mention on purpose? It may very well be not the majority wants, so we cannot be talking about wishes of any singular "people". And for this reason, this strategy may no be suitable for "growth".
But as a solid, sustainable profit source? Are you claiming that only a marginal number of people want this, or what?
> So clearly they know a little bit about what is a solid, sustainable profit source.
It is more than a "solid, sustainable" profit source, it is a best-in-class cash cow that feeds a growing monstrosity for shareholders that want more, more, more.
The business they left behind is still sustainable.
I'm fairly certain that drug dealers' numbers indicate that people "want" more addictive drugs.
Facebook and other social media isn't quite at that level, but the same logic applies to your argument: there are fundamentally different kinds of "wants", and the drug dealer/social media metrics invariably cater to the unhealthy kind.
The evidence may be clear, but it is also driven by tech that is increasingly effective at pressing our dopamine buttons. I'm not sure that the opinions of a drug-addled constituency are important for the far more simple question of, "is there a sustainable business here?"
Are they as sexy as the bajillion TikTok users out there? No.
Are they enough to build a solid business aruond? Yes.
Would facebook ever consider stepping up to the plate that built their core business again? No, because Facebook management sucks.
I don't give a shit about algorithmic recommendations and of horse-shit force-fed happiness content don't anticipate ever changing that. Many of my friends are the same way.
What ever happened to servicing the long tail?