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Is there room for any more social media platforms to take off?
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We've seemed to reach an artificial peak for growth in social media platforms. The 2000s and early 2010s may as well be known the "social media boom" due to the emergence of Facebook, Twitter, Instagram, Reddit, YouTube, and Snapchat. I'm aware TikTok launched in 2016, but it didn't come into prominence other than through its merger with Musical.ly.
Now we're in 2020, and most of us are using social media platforms that launched ~10-15 years ago. Most of these platforms, particularly Reddit, Instagram, and YouTube, remain extremely popular and are showing no signs of slowing down in growth.
The question is, what's left for social media? Will we still be using Instagram, Reddit, and YouTube in 2030, or will there be other platforms that will take over? I know it's hard to predict that far out, but I've always wondered what more can be done in the social media world. How can someone make a new platform that's not just a copy of Instagram or YouTube, etc.
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September 11, 2020 at 06:33PM