I really hope this accelerates meta's decline. The world will adapt just fine without social media.
Somehow this company still earns over a billion dollars a week in net profits, which I find puzzling.
What are their alternatives? I'm assuming that most of the 22k people with large audiences that need a large platform to reach them. Meta unfortunately, is the only platform that allows people to reach across many demographics. Its the people that follow the 22k accounts that are important, and they are unaffected by this and thus aren't leaving meta (and 99% won't even know this happened or care).
Realistically, how will this affect Meta at all? Some people are pissed, nobody else cares, business as usual.