Peak social media: Building better platforms
FT News Briefing
00:00
The Future of Community-Based Social Media
This chapter explores the potential for smaller, community-driven social media platforms to emerge as alternatives to corporate giants like Facebook. A venture capitalist reflects on the stagnation of innovative ideas in the social media space since the inception of Friendster, highlighting the ongoing search for authenticity in online interactions. Additionally, the chapter discusses the trend of users gravitating towards more localized and intimate online communities, while raising concerns about the role of AI in shaping future interactions.
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