With all these problems in current Social media platforms, isn't the time for de-centralized social platforms to flourish?
Technical aspects aside, you know that there is one Twitter, and one Facebook, where "everybody" is, and "everything" gets reported.
You can possibly think about a few dozen Mastodon instances where to look for "everything"? A bunch of Gnu Social nodes? A hundred of key large Telegram groups?..
The damned network effect pushes everything to a single biggest node :-\