Welcome to the Era of Antisocial Media

Have we reached peak social media?

Many of the US’s leading social media companies, such as Snap, Twitter and Pinterest, are now worth less than they were the day they went public. Shares of Meta (formerly Facebook) now trade at less than half of their all-time high. The company has announced it is changing its news feed to emphasize content from its “discovery engine” instead of from friends and family. Instagram, a Meta subsidiary, has announced a similar change, to much criticism.

The decline in market value may prove temporary, and there is a good chance the sector will make a comeback through new companies and new products. Still, the notion that social media is past its prime is no longer unthinkable. What would a future with less social media look like?