Mar
13
Social Networking a Bubble?
Posted by David Jantzen | Permalink | Comments (0)
Categories: Social Network
An article suggesting that social networking sites that do not interoperate, and do not serve as a natural extension of what people already do, will fizzle out as a result of the commoditization of networking tools. In other words, social networking as an end in itself is unsustainable.
“[T]he value of MySpace and the other 2.0 sites is built on their ability to monetize—through ad sales and marketing, among other streams—the traffic generated by their users. The tacit trade-off is free Web hosting, tools, and distribution. This trade-off is not in itself unfair. But, as with IM, the value proposition does not remain constant. The walled-garden attributes of MySpace and Facebook, like those of the subscriber-era AOL, can quickly become liabilities. And as the value of social-media tools becomes inevitably unsexy and commoditized, it may be only a matter of time before the Tila Tequilas of the world, inspiration for millions of page views, decide they might as well go elsewhere. And, just as in high school, where the cool kids go, the rest of us will follow.”

