alt Hacker NewsA new paid social media network with high privacy settings would defeat meta products quite easily. From what I understand, it costs around 27$ a year per user for Meta to run the business. At 5$ per month with limitations on size of your profile (like number of pictures), it would be quite easy to run a social media of this sort. This kinda of social media is what eventually everyone will move towards (and currently want). Small social circles, extremely private, and connections and discovery in very limited ways that allow you to maintain privacy and your 'inner' circle.
Social media is here to stay, unfortunately. Meta, LinkedIn, X, I wouldn't invest in the long term.
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> it costs around 27$ a year per user for Meta to run the business
And a lot of this is probably spent maintaining the ad machine
What exactly are privacy expectations of a social media app/network? Has that been quantified?
Do you really believe that, given all the failed social media competitors? The network effects seem too strong.