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What's next for social media?

What's next for social media?

Summary

Jay Springett, who works with technology, used a social media app called Butterflies AI that lets people and computer programs pretend to be people chat together. He enjoyed it, even though it was different from other apps he used. Meanwhile, some social media companies that have been around for a while are not doing as well as they used to, but a new one, Bluesky, is doing well because people can pick what they want to see on the app.

Key Facts

  • Jay Springett used a new social media app named Butterflies AI, where people can communicate with computer programs that pretend to be people.
  • He stayed on Butterflies AI for more than six months and found it interesting.
  • Big social media companies are losing users. For example, one unnamed company lost nearly a quarter of its users in the UK since January 2024.
  • Bluesky, a newer social media company, is getting more users.
  • Bluesky is different from other social media because it lets users decide what they want to see and do on the app.
  • A group called Free Our Feeds, with famous people like musician Brian Eno and actor Mark Ruffalo, wants to make social media better for everyone.
  • They are planning to raise $30 million over the next three years to help make social media open and fair to everyone.
  • It's hard for new social media companies to compete with bigger ones because the more people use a social media, the more valuable it is.
  • Non-profit organizations like Free Our Feeds and the Social Web Foundation hope to overcome this challenge.

Source Information