Anybody willing to do this will have to make some sacrifices... Take for example, most social media platforms collect your data and sell to third party companies for money... That is why they are able to give you personalized ads based on your search history and activities and that is basically where the bulk of their money comes from.. but with a decentralized input, this will not be possible as users will have direct control over their data... The company will not make as much money. However there are other things that they can do to make money.. for me, the benefits outweighs the cons.. so I see it ac something that we should have and make use of. I think there are a few of them already available in the web3 space.
   
. but ht will be hard to get rid of other social apps like Instagram,Facebook,TikTok as they have already been available for a long period of time and they have captured the audience so much...