I don't understand why Facebook got rid of so many features that made Facebook as targeted as it was.

For example, I'm in university right now and I would love to have a course application that was in one of those powerpoint slides. Instead, there is some stupid textbox which makes me arbitrarily assign certain text fields that don't help me strengthen my friend network at all.

At this point, Facebook has become so generic to the point where it's boring. I think the same point can be drawn to why their ad system fails. It's too diluted and irrelevant.