Do you think social media is now becoming more a place for business than socializing, Could it be as a result of digitalization and things moving online or more people now starting business online because of need to somehow generate income or another source of income for self to survive the economic situations which is becoming tougher?
No, this is not true. There are less people using it for business in comparison to those using for social activity. Most of the people already have their jobs or studies and they are on social media for fun only. Less than 1% might be using it for business.
I think 1% is not a right percentage many people are trying finding ways to earn money by different ways and social media is one of the great ways there is no other opinion about it