Facebook is not dying. I feel it's going from being a fad to a utility. I've noticed that people I know are posting fewer status updates with every passing year, but they still heavily use Facebook for chat, event invitations, photos and groups. For a lot of people, Facebook seems to be becoming less of a pastime and more of a tool for communicating with friends and family.

I dislike Facebook as much as the next hacker, but I don't think Facebook is going anywhere anytime soon. It'll just become less interesting as a communication medium. After all, nobody is excited about the telephone any more.