Re:Why the Web Won't Be Nirvana (1995)
by Retric on Tuesday November 10, 2015 @05:51PM
(#10543224)
I would call them bubbles not exactly fad's.
They both don't age well with younger or long time users. Worse, there monetization strategy is to annoy users. So, long term I expect there going to be replaced with much leaner organizations that need less revenue to make quarterly projections or just shrink.
So sure, social networks may be around, but message boards for example have evolved into some small, but reasonably profitable companies like Reddit.
PS: Long term Facebook might try the MS route of buying enough companies that something sticks. EX: MS Access. But, that says more about Money than Social Networks.
They both don't age well with younger or long time users. Worse, there monetization strategy is to annoy users. So, long term I expect there going to be replaced with much leaner organizations that need less revenue to make quarterly projections or just shrink.
So sure, social networks may be around, but message boards for example have evolved into some small, but reasonably profitable companies like Reddit.
PS: Long term Facebook might try the MS route of buying enough companies that something sticks. EX: MS Access. But, that says more about Money than Social Networks.