Yes it’s a negative feedback loop created by the very bad product decisions they made to optimize for local maxima of getting more ads revenue. You inject more and more ads followed by more and more suggested content, thereby reducing the in network content. The in network content doesn’t get as much of traction, therefore people stop posting. This in turn forces the feed to have more and more suggestions and a few s…
No, this isn't a consequence of the status quo newsfeed algorithm. This is a consequence of Facebook making a purposeful strategic shift away from in-network content to suggested content. This strategic shift was highlighted in their last earnings call as a way to compete with TikTok, whose success is partly explained by their focus on suggested content. On the earnings call, they signaled that they were shifting mor…
A 'strategic shift' to present suggested content may be what Facebook wants to do (or would like to tell investors it is doing).
However, the amount of real content being posted appears to have fallen off a cliff. This is obviously very subjective but holds true for both my own experience and friends/family who have commented.
So there isn't just a similar level of content but the algorithm is displaying less - but literally everyone I know no longer posts to Facebook in remotely the same way.
The only time I see regular updates are 'happy birthday' posts.
Everything else has moved to other apps - mostly Instagram stories.