The social media industry was once worth $1 trillion -- perhaps that's now vanished!
Some people might dismiss this as a bubble, but that's not the case.
A bubble implies imagined value.
During this past decade, social media was a critical aspect of communications.
The decimation of social media is actually worse than a bubble.
It's purposeful destruction of the public square.
And it was possible because Big Social claimed the public square as their property.