I strongly believe that the time is over. More an more people are quitting within my network. People get to know that they are spied on and are actually handing out information to Facebook, which they sell. It starts to be a very dodgy company. Instagram also changed there algorithm to create more income.
People need to pay for a professional account in order to get followers and likes. Social media is based on incomes not on sharing experience. Therefor there is space for a new form of social media with a blockchain as base. It might be Steemit, it might be another one.
RE: Electronic Brainwashing: Cambridge Analytica's Sinister Facebook Strategy | The Daily Show