Twitter's Decline Sparks Social Media Reckoning
• Twitter dies, replaced by Elon Musk's X, losing influence and users due to controversies.
• New social media apps emerge as Twitter alternatives, like Bluesky and Meta's Threads, sparking interest in decentralized platforms.
• Social media companies scrutinized for mental health impacts on teens, facing lawsuits and calls for regulation.
• AI friends and bots proliferate on social platforms, raising usage but provoking concerns over misinformation.
• Major social and political events in 2023 will test social media's role in spreading mis/disinformation at scale.