But social media sites stay big thanks to high #SwitchingCosts: the more you have to give up to leave a social media site, the harder it is to go:

https://www.eff.org/deeplinks/2021/08/facebooks-secret-war-switching-costs

Nature bequeaths some in-built switching costs on social media, primarily the #CoordinationProblem of reaching consensus on where you and the people in your community should go next.

3/

Facebook’s Secret War on Switching Costs

Update, October 1, 2021: The original version of this essay incorrectly stated that Metcalfe's Law dictated that the number of connections in a network doubled with each new user; that has been corrected, below.When the FTC filed its amended antitrust complaint against Facebook in mid-August, we...

Electronic Frontier Foundation