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January 16, 2014 02:28 am GMT

Even President Obama Thinks That Facebook Isnt Cool Anymore

Ask anyone under the age of 30 if they love Facebook. Chances are, the answer will be no. The once dominant social network has most certainly fallen from its hyper-exclusive, hyper-popular beginnings to become the place where moms and uncles post their political opinions and baby pictures. (At least, I think. I haven’t been on Facebook in forever.) In fact, Facebook has lost so much of its cool factor that even President Obama knows it. As it turns out, the Atlantic’s associate editor covering tech Robinson Meyer happened to be sitting near Obama at a coffee shop, of all places, during a meeting the President was having to learn more about 18-34 year olds. The goal was to get more people in this demographic to sign up for coverage under the Affordable Care Act. For Meyer, the goal was to overhear the president say something relevant to his beat and — as it so happens — President Obama gave him a gem. “It seems like they don’t use Facebook anymore,” said President Obama. Meyer tries to get to the bottom of the President’s use of “they.” Perhaps it was the age group he was researching, between 18 and 34, or maybe it was the all-encompassing, third-person singular, gender-neutral pronoun, muses Meyer. But we know who “they” is. It’s the cool crowd of teenagers and twenty-somethings that make social services popular to begin with. Meyer’s eavesdropped interview also revealed that the president knows what Snapchat and Instagram are, though his interest and/or enthusiasm toward the up-and-coming social powerhouses is unclear. What is clear is that Facebook has lost its swagger. Since Facebook bought Onavo, which was one of very few services that could provide empirical data into this downward spiral, there is only one other service that can offer insight into the competitive landscape of Facebook and other social players. According to App Annie, Facebook was ranked in the 50′s in downloads on the U.S. iTunes store. Meanwhile, Snapchat was ranked in the teens and even single digits. In August, some sort of algorithm change suddenly bumped Facebook into the teens as well. (App Annie told TechCrunch that it had “observed changes in the iOS App Store rankings around August” but refused to clarify whether Apple was the sole source of this shift for Facebook.) Even at the current rank of 14th overall and 3rd in social, Facebook is still ranked

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