Social Media Is Dead
vice.com
vice.com
There will always be a demand for social status. And, as long as there is sufficient demand, there will be supply. Eugene Wei[1] has written a lot about how online social media operates in the economy of social status. It applies to TikTok and LinkedIn alike.
[1] https://www.eugenewei.com/blog/2019/2/19/status-as-a-service
Also for an article that says somewhat positive things about Mastodon/Fediverse, the author sure hasn't used it, because the only accounts I can find from them are two non-functional Twitter mirror bots.
But issues with it, too, in terms of moderation and other stuff.
I don't think there can really be a social media. Someone is always offended by something.