Will social media be more significant than traditional media in the future?

Social media has peaked. It reached a point where there is too much of it, and it is too diffuse. Rather than being a unified communications and sharing platform, there are too many social media options that don’t talk to each other.

You will see a slow but perceptible movement away from social media to more traditional communications vehicles.

I agree with @elbanditoroso but would add that certain elements of social media (community building, multimedia communication) will become part of more traditional media.

No. How could it??

I feel like social media, radio and podcasts are still viable (and free), but so many people have stopped watching local tv or reading the local paper, I see those being pushed out over the next decade.