The Decentralization and Disruption Coming To Social Apps
I firmly believe that by 2025, social apps like the ones above will look completely different.
In particular, social media apps (Twitter, Instagram, and Facebook), dating apps, and LinkedIn will see the most change over the next 3–5 years. Let’s look at each one of these individually.
Social Media Apps (Twitter, Instagram, and Facebook)
Right now, these apps are already facing the most scrutiny by the government that they have ever seen. Twitter’s CEO Jack Dorsey already had a rough ride testifying on Capital Hill the other week, and it didn’t feel like it went well for him. As for Facebook, who owns Instagram, it looks like the FTC is very close to filing an antitrust case against the $775 billion company.
So no good news on their end, but for the consumers, this is a positive. Government regulation against both these companies could help stop the spread of disinformation, social media addiction, and depression linked to social media.
This will also open up the market. I believe in the next 3–5 years, we will see at least two new social media apps or networks come into the scene and take some of the market. They are probably being created right now and this is the perfect time.
Dating Apps
