In the most recent issue of the prestigious American Economic Review, a group of well-known economists published a paper titled â€œThe Welfare Effects of Social Media.â€ It presents the results of one of the largest randomized trials ever conducted to directly measure the personal impact of deactivating Facebook.
Here are some highlights of what they found:
* â€œDeactivating Facebook freed up 60 minutes per day for the average person in our Treatment group.â€ Much of this time was reinvested in offline activities, including, notably, socializing with friends and family.
* â€œDeactivation caused small but significant improvements in well-being, and in particular in self-reported happiness, life satisfaction, depression, and anxiety.â€ The researchers report this effect to be around 25-40% of the effect typically attributed to participating in therapy.
* â€œAs the experiment ended, participants reported planning to use Facebook much less in the future.â€ Five percent of the Treatment group went even farther and declined to reactivate their account after the experiment ended.
* â€œThe Treatment group was less likely to say they follow news about politics or the President, and less able to correctly answer factual questions about recent news events.â€ This was not surprising given that this group spent 15% less time reading any type of online news during the experiment.
* â€œDeactivation significantly reduced polarization of views on policy issues and a measure of exposure to polarizing news.â€ On the other hand, it didnâ€™t significantly reduce negative feelings about the other political party.
The main negative impact experienced by the Treatment group was that they were less up to date on the news. Some might argue that this isnâ€™t really negative, but even for those who prioritize current events knowledge, there are, obviously, many better ways to keep up with news than Facebook.