Tyler Cowen, Columnist

Welcome to the Era of Antisocial Media

Is it too soon to ask how public discourse will change as more communication becomes private instead of public?

July 28, 2022 at 1:00 PM UTC

Tyler Cowen is a Bloomberg Opinion columnist, a professor of economics at George Mason University and host of the Marginal Revolution blog.

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Have we reached peak social media?

Many of the US’s leading social media companies, such as Snap, Twitter and Pinterest, are now worth less than they were the day they went public. Shares of Meta (formerly Facebook) now trade at less than half of their all-time high. The company has announced it is changing its news feed to emphasize content from its “discovery engine” instead of from friends and family. Instagram, a Meta subsidiary, has announced a similar change, to much criticism.