Facebook (as in, a social network) is already dead, it's just that nobody pulled the plug yet.
They have no people to expand to, no new opportunities to monetize the platform. All they can do is squeeze out every last penny they can from the existing user base.
What was the last memorable feature that was added? Stories in like 2015? Facebook (the company) has moved on (to Instagram and WhatsApp), users are less engaged, the content is slowly moving away. Nobody creates a new product and thinks "we gotta have a Facebook presence" anymore.
They have no people to expand to, no new opportunities to monetize the platform. All they can do is squeeze out every last penny they can from the existing user base.
What was the last memorable feature that was added? Stories in like 2015? Facebook (the company) has moved on (to Instagram and WhatsApp), users are less engaged, the content is slowly moving away. Nobody creates a new product and thinks "we gotta have a Facebook presence" anymore.