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The Daily Article

The fate of giants: How Facebook’s decline mirrors problems in today’s church

The Daily Article

The Denison Forum

Christianity, Daily News, News, Religion & Spirituality

4.9576 Ratings

🗓️ 1 September 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

David Leonhardt of the New York Times recently wrote an insightful article detailing Facebook's four main problems: age, innovation, the metaverse, and antitrust issues. In Facebook's decline as a popular social media destination, Denison Forum staff writer Chris Elkins sees parallels with the church at large. Is the church too big to fail, or does the church need to assess its issues before it's too late?

Author: Chris Elkins

Narrator: Chris Elkins

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Transcript

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0:00.0

Welcome to this bonus episode of the Daily Article podcast. Today's episode is titled

0:08.3

The Fate of Giants, how Facebook's decline mirrors problems in today's church. It is written

0:15.2

and narrated by Chris Elkins of the Denison Forum. In the Bible, young David taught us that Goliaths are vulnerable.

0:23.7

It only took that small, brave boy, a stone, and a slingshot to bring down mighty Goliath.

0:31.0

Recently, David Linnart wrote an insightful article in The Morning Email newsletter from the New York

0:37.1

Times about some interesting

0:39.0

problems facing the tech giant Facebook. Leonard cited his colleague David Ruse's article,

0:45.3

Facebook is weaker than we know, which revealed the damage that a failure to stop certain content

0:50.6

has had on the behemoth social media company. In Too Big to Fail, Andrew Ross Sorkin's 2009 book,

0:57.8

he addressed the economic theory that certain companies, banks,

1:01.7

were so large and so interconnected that their failure would produce catastrophic results

1:07.1

that could cripple the economy.

1:08.7

The phrase became iconic during the economic downturn of that

1:12.4

era. Giants? Take heed. Lennert delineated Facebook's four biggest problems in his opinion. First,

1:20.8

the age problem. It is now widely regarded that Facebook is for older people, that is boomers.

1:26.9

Most younger users of social media,

1:29.9

think millennials and Gen Z, prefer other social platforms. As Leonard writes, yes, many teenagers

1:37.8

and younger adults use Instagram, which Facebook bought a decade ago, but even Instagram has been struggling to keep up with the likes of TikTok.

1:48.2

Two, the innovation problem. Leonard reports that since Facebook went public in 2012, it has been

1:55.0

much less innovative than in its earlier years when it transformed social media. He quotes Farhadmanjou of Times' opinion.

2:03.5

The company just doesn't appear to know how to invent successful new stuff.

2:08.9

Three, the Metaverse Problem. Leonard notes that Zuckerberg feels so strongly about the

...

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