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Re:How Advertising Works, and Why It Won’t For Facebook by pchristensen on Friday May 09, 2008 @01:58PM (#185696)
Funny, I just wrote an article similar to this yesterday - http://www.pchristensen.com/blog/articles/the-value-is-in-th...

"So if social networks are such a great experience, why aren’t people paying for them? Well, the networks let people sign up for free, because they want to have everyone on their network. But then they’ve immediately set the market value of the network at $0! Also, social networks are only a good experience because interacting with people is a good experience! If social networks vanished, people would still have friends, but if your friends vanished, you’d have no use for the social network. Whereas if computers and TV went away, people would still play games (board games? sports?), act, sing and dance."

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