U.S. users are leaving Facebook by the millions, Edison Research says

It seems to me that the overall interest in Facebook is decreasing. The social network hasn't had any interesting feature added to it in the last couple of years. It's becoming boring and boring, so that's why I believe people are leaving.

Still, Instagram and WhatsApp are running strong with barely no competition. We don't see any news about their user base decreasing and news channels don't seem to dislike them. Facebook is doing a good job making sure their biggest three platforms are seem as independent from one another, keeping Instagram and WhatsApp almost free from controversy.

Personally I see no loss for them here. Besides, they will promptly acquire any new players that look promising, or shamelessly copy them as they did with Snapchat.

Unless Facebook figures out a way to address this, it's the start of a death spiral. The only thing that makes Facebook interesting is the people it can connect you to. If a few of them leave, the place becomes a little more boring than it used to be... which leads a few more of them to get bored and leave, which makes the place a little more boring... which leads more people to get bored and leave, etc. What started as a few snowflakes turns into an avalanche.

It's kind of the photo-negative version of the positive feedback loop Facebook enjoyed on its way up. Back then, each new person who joined created an additional incentive for other people to join, which gave them tremendous upward velocity. But the same dynamic running in reverse could send them downward just as quickly.