2022-10-05: Social media as we’ve known it is probably doomed

Whether a decline in social media would on balance be good or bad for society I’ll leave to another discussion, but the handwriting is on the wall for a major decline in social media overall.
As with most predictions, the timing and other details will surface in coming months and years, but the overall shape of things to come is not terribly difficult to visualize.
The fundamental problem is also clear enough. A vast range of entities at state, federal, and international levels are in the process of enacting, invoking, or otherwise planning a range of regulatory and other legal mandates that would apply to social media firms — with many of these requirements being in direct and total opposition to each other.
The most likely outcome from putting these firms “between a rock and hard place” will be a drastic reduction of social media services provided, resulting in a massive decrease in ordinary persons’ ability to communicate publicly, rather than the increase that various social media critics have been anticipating.