Facebook is on the verge of one of the biggest social media failures in history.
At this rate the company might not even exist in another couple years.
And now Mark Zuckerberg is weeping after he sees just how bad he is losing to Elon Musk.
Social Media consumes us all
When Myspace hit the World Wide Web, the way we all communicate and mingle changed forever.
Now, you’re hard-pressed to find anyone in America who doesn’t have a social media account.
Americans are always on their phones looking to see the most useless post someone can put up.
And for some reason, many just go on Instagram or Facebook to scroll through and see pictures of food people ate.
When you sit down and think about it, it is really strange just how obsessed humans have become with social media.
But one of the people who has made the most money through that unhealthy obsession with social media is Facebook founder Mark Zuckerberg.
The Meta CEO has made billions of dollars off of the obsession with social media.
But the world of social media made a drastic change when Elon Musk bought twitter.
Social media oligarchs thought they had full control over what people could and couldn’t say online.
But out of nowhere, Musk bought Twitter – now known as X – for $44 billion for the sole purpose of ensuring there is at least one Big Tech platform that believes in, and protects, freedom of speech.
Ever since then, Democrats and the old guard of social media have been trying to find ways to ruin Musk and X.
Because at the end of the day, working class Americans, who simply have a different opinion than Zuckerberg and other Big Tech ruling class elites, aren’t allowed to have a voice on social media.
And last month, Democrats rejoiced as they thought Zuckerberg had the answer to finally solidify their control over the Internet, and end Musk’s efforts with X entirely.
Zuckerberg is going in the red
Zuckerberg launched Threads last month as a Twitter competitor – although, the better way to put it is they completely ripped off Twitter and slapped their name on it.
The idea was Democrats would leave Twitter and flock to Threads in droves, ultimately pulling in more of those who aren’t interested in politics in the process, slowly draining X of its user base.
But in reality, Zuckerberg’s copycat platform is failing miserably.
According to CNN of all outlets, Threads’ daily use rate is down 82% from its launch less than two weeks ago.
JUST IN – Daily active user count on Zuckerberg's "Threads" is down 82% from launch as of July 31 — Sensor Tower
— Disclose.tv (@disclosetv) August 3, 2023
That is unheard of in social media, as such a drop would spell ruin for any other new platform.
But thankfully for Threads, its owner, Zuckerberg, is rich and can take some losses.
“We saw unprecedented growth out of the gate and more importantly we’re seeing more people coming back daily than I’d expected,” Zuckerberg claimed in response to Threads’ collapse. “And now, we’re focused on retention and improving the basics. And then after that, we’ll focus on growing the community to the scale we think is possible.”
The only problem with Zuckerberg’s long timeline for Threads is the fact that his company, Meta, is collapsing.
Since the start of 2020, Meta has lost nearly 70% of its market capitalization, and the company has been forced to layoff countless employees in recent years.
Quite frankly, with his company losing money hand over fist, and his Hail Mary clone of X bleeding users, Mark Zuckerberg could have Meta on a path to extinction.
