Share

Facebook could fade out 'like a disease'

New York - Facebook is like an infectious disease, experiencing a spike before its decline, according to US researchers who claim the social network will lose 80% of users by 2017.

Two doctoral candidates in mechanical and aerospace engineering at Princeton University made their astonishing claims in a paper published online at a scientific research archive, but not yet peer-reviewed.

Based on the rise and fall of MySpace, John Cannarella and Joshua Spechler say that Facebook, the largest online social network in history, is set for a massive fall.

"Ideas, like diseases, have been shown to spread infectiously between people before eventually dying out, and have been successfully described with epidemiological models," they wrote.

It will make uncomfortable reading for the social media giant co-founded by Mark Zuckerberg, which has more than 1.1 billion users around the globe and turns 10 years old next month.

Their study said Facebook, whose shares climbed to a new high of $58.51 this week, has been in decline in terms of data usage since 2012.

"Facebook is expected to undergo rapid decline in the upcoming years, shrinking to 20% of its maximum size by December 2014," said the report posted online to peers at ArXiv.org.

"Extrapolating the best model into the future suggests that Facebook will undergo a rapid decline in the coming years, losing 80% of its peak user base between 2015 and 2017."

The new research comes amid surveys suggesting that younger users started gravitating away from Facebook in 2013.

Cannarella and Spechler told AFP they did not wish to comment publicly in person until their manuscript had completed its peer review process ahead of formal publication.

But at least for now, Facebook's fortunes are in good health.

Rising share prices have made chief operating officer Sheryl Sandberg the latest tech billionaire and Zuckerberg, 29, has a personal fortune estimated at about $19bn.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.01
+1.1%
Rand - Pound
23.79
+0.7%
Rand - Euro
20.40
+0.8%
Rand - Aus dollar
12.40
+0.7%
Rand - Yen
0.12
+1.2%
Platinum
925.50
+1.5%
Palladium
989.50
-1.5%
Gold
2,331.85
+0.7%
Silver
27.41
+0.9%
Brent-ruolie
88.02
-0.5%
Top 40
68,437
-0.2%
All Share
74,329
-0.3%
Resource 10
62,119
+2.7%
Industrial 25
102,531
-1.5%
Financial 15
15,802
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders