Facebook Profit Jumps 71% Year-over-Year
Maybe I live in a bubble, but I just assumed that Facebook would be on a decline trajectory by now.Their website is almost meaningless to my day-to-day life at this point.  I login once every couple of weeks, upload some pics of my kids for Grandma to look at, and then log off.  I don't personally know anyone who still uses it regularly as we did back in 2007.  I don't know a tactful way to put this... but it seems like mostly older people and Walmart shoppers, posting angry bumper sticker nonsense about Obama or Trump.Am I just COMPLETELY out of touch?  Or it is an Eternal September situation (https://en.wikipedia.org/wiki/Eternal_September), where the unwashed masses are still coming on board faster than people like me are leaving?Even if it's the latter, aren't they near a saturation point by now?  Once everybody's signed up, where's the growth come from?  How do you squeeze out additional monetization from a platform once there are no new members coming in, and old ones trickle away because the content is so poor?