Audio had never been used before as a social medium (at least to my knowledge?). However, it has dramatically slowed down and isn't anywhere near the top social platforms, mainly due to how easy it was for these big platforms to copy Clubhouse.
This begs the question: is social audio dead?
It seems to me that it's the only medium left that hasn't been fully capitalized in. For example, how TikTok capitalized on video.
What do you guys think?
Once someone makes the effort to build an actual tool (think, a "hammer that doesn't require the builder to log in, in order to build a house") that is actually useful w/o massive data gathering, that's where the gold lies.
Unfortunately, it seems not many people are in that mindset when they build a product.
Which is why every social network is fueled by ads.
The least common denominator path of least innovation resistance.
Will such a path lead the creator to massive income? Probably not, unless the creator is smart enough to build on top of it. (i.e. WebKit is open source, and Apple uses it to monetize certain types of apps)
So, no, I don't think social audio is dead at all.
The practice of massive, non-transparent data collection is what's dying.