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Did you think Hololive would last forever?
There was the 4Kings era, the Nijisanji era, the Hololive era, and who knows what will come after.
If anything, vtubing will go back to its natural state. Hololive will be mostly a JP thing again, like Nijisanji. Some EOPs will keep watching clips. SEA and similar places will have their own mini-amateur scene with local celebrities. EN will be mostly twitch fleshcammers using avatars sometimes. Small corpos will do small corpo things or maybe interact more with flesh streamers. Indies will be a mixed bag. And so on.