[orky56]

I think part of it is demographics. Facebook's userbase is and continues to trend older especially for Facebook/WhatsApp and slightly for Instagram as well compared to TikTok/Snap. I'm not saying Facebook has abandoned the younger demo but wants to continue to cater to the earning and older demo. We're not going to live in Wall-E's world but when the older generation no longer wants to or can engage in IRL experiences that require being full mobile and healthy, AR and moreso VR will allow them to immerse themselves and "preserve" youth well longer than we thought possible. We are at an interesting time in history where wealth inequality is growing and the wealth transfer from rich to poor and more significantly from old to young may not happen as quickly as society needs it to. If the older demographic can and wants to hold on a decade or 2 longer compounded with healthcare advances giving them longer life expectancy and their existing investments/savings growing well, who knows what and when the future will look like?