Yes, we've passed Peak Facebook, but that's just because it has been distilled and pornographized to the point of desensitization. Pure capitalism at its finest.
What will set the trend for the future is our understanding of how digital slavery works. We can be entering one of the darkest eras of modern history, or one of the most liberating. The choice is up to us, human beings, whether we sell ourselves to whoever is better at manipulating our emotions and thoughts, or whether we choose the free and open path that liberates us from digital tyranny.
You remind me of digital tools that are just coming into existence. Distributed autonomous corporations could organize most of the digital communication functions that the social media bubble is currently exploring. So, ethereum, Turing complete blockchains, oracles and decentralized decision making. Consensus over conceit.
Like with peak oil you've got to distinguish the US peak (which happened about 1970 though there may be second higher one coming http://en.wikipedia.org/wiki/Hubbert_peak_theory#/media/File...)
and a global peak - not yet for oil.
Facebook's probably peaked in the USA but has a lot of growth ahead globally.
What will set the trend for the future is our understanding of how digital slavery works. We can be entering one of the darkest eras of modern history, or one of the most liberating. The choice is up to us, human beings, whether we sell ourselves to whoever is better at manipulating our emotions and thoughts, or whether we choose the free and open path that liberates us from digital tyranny.