Reuters says that three months after the Australian ban, “8 in 10” teenagers are still using social media. It’s still very early, so I don’t think we need to read too much into it yet. There has been a shift:

Children’s continued social media use ​took place even as account ownership declined to 42% from 52%, with “statistically significant” reductions across YouTube, Snapchat and TikTok in particular, the report said.