The Decline of Dating Apps: From Boom to Bust
- Dating apps like Tinder revolutionized courtship by making it easy and fun to sift through potential dates with a simple swipe. - Despite their initial success, user disillusionment has set in, with many finding the apps frustrating and overwhelming. - The number of people using dating apps has dwindled, and companies like Bumble and Match Group have seen their market values plummet. - Younger adults are particularly weary, with many turning to offline alternatives like in-person events and social activities. - Dating apps are exploring new strategies, including AI and niche markets, to lure users back, but the future remains uncertain. Source: [Economist](https://www.economist.com/business/2024/08/08/why-people-have-fallen-out-of-love-with-dating-apps)
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