Earlier quoted context omitted.
Facebook is already in decline (people have stopped using it, either completely or drastically reduced their usage of it). The problem is Facebook is allowed to buy rising competitors on its way down, thus prolonging its monopoly in the social media space.
It may be in decline, but like a ship slowing down from light speed, it will take years before there's any significant change in the social media landscape. They have a very long time-frame of opportunity to turn their ship around, and it wouldn't surprise me if they do. A good real world example is Disney. Disney has been almost broke a few times over its lifetime, yet currently it's so huge that people believe it w…
This is exactly why we shouldn’t worry about it. The company that we think is going to rule the world forever changes every ten years.