Is Facebook sustainable long-term?

[Ladysmith]

Business is war without bullets, and Facebook has been losing quite a lot of battles lately.

https://www.businessinsider.fr/us/mark-zuckerberg-promises-to-be-more-hands-on-at-facebook-2018-11

"Facebook founder Mark Zuckerberg told a meeting of top executives in June that he would become a more aggressive CEO because the company was at "war," according to the Wall Street Journal.

The meeting came at a time when users, lawmakers, and investors were angry over the company's handling of the Cambridge Analytica scandal. The 34-year-old CEO reportedly expressed frustrations that executives weren't moving quick enough at times this year and said it was time for executives to "make progress faster."

The report added that the new approach had caused "unprecedented turmoil" in Facebook's most senior ranks, and had led to the departures of a number of top executives, including the cofounders of Instagram and WhatsApp."

People don't want to work at a place that is starting to have negative dogma attached to it, and I think a lot of people (users) are skeptical of current social media platforms especially as of late. They're saturated by business and hidden agendas and it's almost impossible to tell what's fake and what isn't.

Is this just a temporary slump for Facebook or will they pull through in the end somehow?

[3acaga]

At the moment I do not see a strong competitor for Facebook.
If Facebook has lost a couple of points, it still remains stable.

[tdrinker]

Nothing is sustainable in the long term, least not social media platforms. They normally have a lifespan of 10 years or less, Facebook is over that now but the signs are already there that people are beginning to transition away from it. They have a large majority of their old client base but they're struggling to attract new signups from the younger generation.

[enhu]

Nothing is sustainable in the long term, least not social media platforms. They normally have a lifespan of 10 years or less, Facebook is over that now but the signs are already there that people are beginning to transition away from it. They have a large majority of their old client base but they're struggling to attract new signups from the younger generation.

There has to have one that is going up before the old one disappears like how myspace fade, facebook seem going strong still. There is no threat to facebook as we see it today but maybe one day when blockchain social media site prove itself to have more privacy settings than it.  They are innovating for the mass so facebook might stay longer and will still be used by lots of us.

[Talk merit]

I've never used it or liked it. As the kids that built it grow up and move away, will the next generation start to use it? It seems to have been getting a lot of criticism recently, and I believe the share price of the FAANG stocks are dropping rapidly. Hopefully we are entering a new era.

[The Sceptical Chymist]

They normally have a lifespan of 10 years or less

Eh?  Where did you pull that piece of data from?  The internet isn't even old enough for such a statistic to be reliable, nor have there been a lot of social media sites (at least that I know of--MySpace is the only other one like FB that ever caught on).  Certainly none have achieved the popularity of Facebook, and FB is actually profitable. 

As much as I can't stand FB and haven't used it since 2010, I do think it's going to be around for the long-term.  People get addicted to it almost like cigarettes, and it seems far-fetched that something with that much appeal is going to go out of business.

[mu_enrico]

If you use the word "Facebook" as a sole facebook.com, then maybe no, there will always be new social media platforms with newer features. But if you actually talk about the company, then they might be here for a long time. To date, they have acquired WhatsApp and Instagram, and many internet companies https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Facebook

In my opinion, they will evolve to adopt new technology, thus producing different facebook.com from that we know today.

In addition, internal politics won't affect them much, Zuch will always be the boss.

[Escf4]

We know that there are technology that goes a long way , we can deny that there are also group of people who are also studying and developing ,new technology the same as facebook, but if the owner will realized and make some future addition features of his current facebook technology ,then there will be possibility that it can sustain for a long term time.

[wahyu wida]

i think if there is no one who matches this social media, then indeed Facebook will be sustainable for long term. like BBM, which is currently displaced by WhatsApp or other social media applications, and i haven't seen that sign from Facebook

[gostop]

In fact, it has competitors, but most people will not understand, Zuckerberg is definitely worried about the future. No company can last forever, and Facebook can change for at least four years. This is my point of view.

[alexandrea]

Facebook is still a reliable social media platform, as long as it keeps on updating and innovating it wont't lose

[Xivibe]

No, Zuckerberg's statement was connecting the world, but i think he actually meant disconnecting the brain with the real world.

People become more alienated with essential social skills, such as true loyalty and genuine interest. Instead of that, superficiality prevails.

Friendship doesn't mean just to like someone's activities. It means being there for people. Facebook is at odds with that principle.

[Miusu]

Right now, facebook is having issues about security but there are no strong competitor in the market. As long as they resolve security problem questions by many Facebook remains and could be sustainable in the long term.

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[glenntalbot]

I only use WhatsApp, telegram, skype, and Snapchat. I'm using WhatsApp less everyday. I am sorry for saying this but I think Mark Zuckerberg it's a imbecile, I watched his movie yesterday and I was like OMG. Steve Jobs was way better visionary than him

[AsleepControl]

They don't have any solid competition now it looks like facebook is making their own universal social media platform and as long as they continue to innovate they'll be fine

[Colton40]

Facebook is getting worse and worse, the platform is falling, the video systems are lousy, it is even lending itself to act similar to the dark webs and begin to allow videos of murders, crimes, it is horrible.

[Goldleader]

i fear it might end up like Myspace. Its full with trolls

[JRoth]

I think facebook will disappear in the next 5 years or so. People are moving forward with social platforms and with the problems facebook is facing I don't think they will be able to save their reputation.

[Ciscopro2000]

Any big company will have to adapt to changing times to survive and thrive in the business world.  Look at the turnaround by Apple and Microsoft.  They look completely different than when they first started.  Facebook will have to continue to grow with the times.  You need to have a strong dynamic leader and I think Zuckerberg is that guy for Facebook.  He is smart, young, and still hungry for success.  At the moment I have no worries in the future of Facebook.  Full disclosure, I do have some stocks in the company. 

[spectremy]

Too toxic and filled with Cyber trooper spewing hatred and the admin adopt leisurely pace