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Re:Early Facebook and Google Employees Form a Center for Hum... by gaius on Sunday February 04, 2018 @02:42PM (#16304471)
McDonalds is still a viable business. When Facebook goes, it will evaporate like MySpace did. And not a moment too soon.
Re:Early Facebook and Google Employees Form a Center for Hum... by blawson on Sunday February 04, 2018 @02:48PM (#16304502)
I'm not too sure. I think there's a lot of value in a centralized identity management system. Facebook seems to have filled that role. I can see a near future where it acts as a sort of SSO for the web. That doesn't necessarily sound like a $550B company, but could still be worth quite a bit.
Re:Early Facebook and Google Employees Form a Center for Hum... by vanilla_nut on Sunday February 04, 2018 @04:51PM (#16305129)
I wonder if their rampant quest for click-money (annoying users with constant emails, useless spammy notifications, ads, sponsored content) is going to poison that well, though. I anecdotally know a lot of people in their early-mid twenties who have already deleted their accounts. If too many people start doing that, Facebook loses its one trump card.
Re:Early Facebook and Google Employees Form a Center for Hum... by ethiclub on Monday February 05, 2018 @04:55AM (#16307776)
Similarly, tv channels on YouTube (for the UK, see BBC, C4, E4) appear to be jumping on the bandwagon with clickbait, videos empty of genuine content, misleading titles and clips repeatedly churned through different videos.

This appears to have short term benefits (huge view counts), but surely it turns people off long term and impacts the brand.

Re:Early Facebook and Google Employees Form a Center for Hum... by gaius on Monday February 05, 2018 @02:08PM (#16311136)
centralized identity management system. Facebook seems to have filled that role.

They blatantly cannot do this unless they actually implement their real names policy. Which they won’t.

Re:Early Facebook and Google Employees Form a Center for Hum... by Splines on Monday February 05, 2018 @02:01AM (#16307114)
The number of sites that tie their cart to that horse is pretty low. Most sites offer their own authentication or offer multiple ones besides FB.
Re:Early Facebook and Google Employees Form a Center for Hum... by cocktailpeanuts on Sunday February 04, 2018 @10:24PM (#16306389)
Don't know why this is so downvoted much. Just because Facebook evaporates doesn't mean the very concept of "social graph" will go down altogether with it.

Facebook will probably be replaced with more flexible identity and social graph architecture that's more decentralized.

It's different from McDonald's because humans have to eat, and McDonald's can always pivot or acquire other companies to provide the type of food that's more in vogue, but what Facebook has created is equivalent to a nightclub. When a nightclub loses its reputation it's very hard to recover.

Re:Early Facebook and Google Employees Form a Center for Hum... by sjg007 on Sunday February 04, 2018 @10:34PM (#16306419)
How would it be decentralized? You and your webpage on your box gave rise to yahoo and then google.
Re:Early Facebook and Google Employees Form a Center for Hum... by sgc on Sunday February 04, 2018 @04:00PM (#16304902)
There will always be a market for a dominant social media platform, just like there will always be a market for a dominant search provider, os, office suite, document interchange format, etc. All tech with a wide reach needs uniformity.

Whether or not we have reached the maturity with social media to make facebook as difficult to unseat as apple, adobe, microsoft, or google remains to be seen. But they will not just evaporate like the wonky myspace of old. Times have changed.

I personally think they have reached that level, and also do not use them because I greatly dislike social media in just about any form. But I am self-aware enough to know I am part of a tiny minority.