Facebook only ever had a monopoly because they bought anything that looked like a competitor. When they failed to acquire Snapchat and TikTok, they were guaranteed to lose their monopoly. They have no idea how to get and keep users' attention without infuriating them at the same time.
I don't remember exactly when, but 15 or 20 years ago there was the first vawe of Virtual Reality that failed big time. Lots of businesses and investors lost lots of cash by investing in VR.<p>Now we are seeing the second big vawe of VR dieing and with it the Metaverse.