TikTok seems much better at promoting newer creators, possibly because it doesn’t have as many large existing creators. This means all the new talent goes there, and then the established talent eventually follows.
Once that culture starts to go out of fashion (which is inevitable) either the algorithm will have to shift to meet the culture (because the existing participants are probably not going to be fast enough to change) or new users will find another platform to start using. That's why even though people are saying Instagram will die if they start to prioritize Reels, I feel like they're going to die if they don't and this is a last ditch effort.
For this alone they deserve to be dethroned and forgotten.
Mark Zuckerberg : Yeah so if you ever need info about anyone at Harvard
MZ: Just ask.
MZ: I have over 4,000 emails, pictures, addresses, SNS
[Redacted Friend's Name]: What? How'd you manage that one?
MZ: People just submitted it.
MZ: I don't know why.
MZ: They "trust me"
MZ: Dumb fucks.
I actually still remember when my university was added to Facebook - I was studying/procrastinating for my final exams.
Did that ever happen? Was it a US thing? I've heard of Friendster, but I thought it was something that MySpace killed and then MySpace went global and then got overtaken by Facebook.
I remember Hi5 in Latin America and India, Hyves in the Netherlands, Orkut in Brazil, VK in Russia, StudyVZ in Germany, Tuenti in Spain. Finland and Sweden had a popular photo log websitr but I can't remember its name.
> Did that ever happen?
No, it didn't. Friendster was older than MySpace.
Not saying that's what happened, I've barely heard the name Friendster before.
So, the social platforms have failed historically because of engineering issues that their competitior excelled at.
It's the other way around - Friendster was the incument that Myspace unseated.
Sorry for being so critical, but I would find it quite interesting if you had hard evidence to support a scaling law like n log(n) for the value of a social network.
That said, the argument and result is intentionally informal, and intended to be a better rule of thumb than Metcalfe's law. Which was itself even more informally reasoned. However its key flaw we explained with:
Metcalfe’s Law is intuitively appealing, since our personal estimate of the size of a network is based on the uptake of that network among friends and family. Our derived value also varies directly with that metric. We therefore see a linear relationship between the perceived size and value of that network.
That said, different social networks may well have different scaling laws. In fact I pointed out privately that eBay likely was a counter-example which is closer to Metcalfe's law for the simple reason that you derive value there from connections to random strangers. And indeed eBay successfully maintained a market leading position for a long time despite charging significantly higher fees than competitors like Amazon Marketplace.
If those they came to follow are gone they will still scroll a feed increasingly filled with ads. When they complain, their friends/family will install something and say touch the dancing penguin/barfing unicorn/whatever to see the latest, it's just like Facebook used to be.
I don't follow, did you mean it's O(log(n))? Otherwise a social network with 2mil users is still more than twice as good as a social network with 1mil users.
Multiple lines of evidence point to the basic value of a social network scaling like `O(n log(n))`. So getting your first million users is hard. But after you've got there, you don't have to be that much better than the competition to win. The conclusion is that social networks should be a lot less sticky and durable than it looks like.
We concluded that back when MySpace was the dominant social network. MySpace was overtaken by Friendster during the usual delays between a paper being submitted and published. Not long after, Facebook became king of the hill.
And then..Facebook remained there. In large part because they seem to have recognized their vulnerability, and so made a practice of buying new social networks like WhatsApp and Instagram before they grew up. However I concluded years ago that it was only a question of time until someone dethroned them.
Maybe it will be TikTok. Maybe TikTok gets shut down for political reasons. But the existential threat to Meta's dominance is NOT going away. Simply being king of the social media hill is not a sustainable moat.