With the mass exodus from Twitter, many people are looking for new social media platforms. While new platforms will certainly emerge to serve the market, there is little questioning of the overall value of social media.
Social media has benefits and costs. Overall, the research is unclear on whether it enhances well-being or not. There is no guarantee that any new platforms will be better (healthier) than the existing ones.
The prime beneficiaries of social media appear to be the owners, not the users. A handful of people have made unprecedented wealth from a questionable business service.
Excessive social media use is correlated to numerous problems, especially in adolescents. It may be years before all the effects are sorted out. In the meantime, the best type of social media may be none at all.