Mark Zuckerberg must suffer heavy losses. According to an expert, his social network Facebook is also slowly drawing to a close in his life.
A.D
the essentials in short
- In just nine months, Mark Zuckerberg lost about half of his fortune.
- The future of his social network Facebook also doesn’t look good.
- If it doesn’t change course soon, it’s likely a thing of the past, according to an expert.
For Facebook CEO Mark Zuckerberg, things are far from rosy: in just nine months his fortune went from 127 billion to 56 billion. At the same time, Facebook’s parent company Meta is only in the red. Zuckerberg then announced budget cuts and hiring freezes. What does this mean for Facebook’s future?
Social media expert Mike Schwede is convinced: “In a decade, Facebook may no longer exist like this.” The social network has degenerated into a platform for over 50.
These kinds of so-called “central networks” no longer have a future anyway: “Facebook is currently still a cash cow.” But: “If the network is to continue to exist, it should rely on decentralization.”
This would mean that users generate their own content regardless of the platform. These would then be made available in a decentralized way for various platforms. Content and followers remained the property of users, who would have benefited from advertising revenue.