Facebook the company will. I don't believe Facebook the social network will. The company will continue to provide seamless transitions to alternatives that it either develops or acquires as they've already done with WhatsApp and Instagram.
I can foresee an (unlikely) scenario where tech outside of Facebook's established market allows for a disrupting network to compete with FAANG without being acquired. It won't be a VR social network, because Facebook is entrenched there already. Probably requires breaking up of Facebook with antitrust law to happen.
I can foresee an (unlikely) scenario where tech outside of Facebook's established market allows for a disrupting network to compete with FAANG without being acquired. It won't be a VR social network, because Facebook is entrenched there already. Probably requires breaking up of Facebook with antitrust law to happen.