Elon Musk's X is showing year-over-year decline while Threads and Instagram embrace a new decentralized future.
Once thought to be the antidote for Musk’s version of social media, the Fediverse now has both Instagram and Threads.
While pundits and analysts are still debating the reasons behind the move, Meta says it was in line with its commitment to decentralization and privacy. A claim that can be somewhat substantiated by the current business climate.Threads is Meta’s answer to microblogging, a short-form media sharing paradigm where users post and interact with easily digestible snippets of content.
Much of this has been attributed to churn over the perceived polarization of X via Musk’s increased presence. Millions of people celebrated the purchase as, in their view, a win for so-called “internet free speech,” while others fled X over what they considered a right wing takeover of the world’s most popular microblogging platform.
Threads, on the other hand, ostensibly has nowhere to go but up. It currently has about 130 million active monthly users.
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