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2011: The Year Social Media Collapsed? (Vanity)
01/03/2011

Posted on 01/03/2011 4:15:20 PM PST by devane617

I have heard a couple pundits recently state that they believe Social Media—FaceBook, Twitter, MySpace—will see a huge exodus in the very near future. I too believe there will be an exodus, but in smaller proportions than "mass."

My recent experience with Social Media shows a marked increase in spam, businesses and advertising. Seems like everyone on Twitter these days are trying to sell something.

So, what do you think the future holds for Social Media?


TOPICS: Chit/Chat; Miscellaneous
KEYWORDS: facebook; myspace; twitter
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1 posted on 01/03/2011 4:15:29 PM PST by devane617
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To: devane617

Facebook’s paper value just peaked at fifty billion dollars. Time to go short on Facebook?


2 posted on 01/03/2011 4:20:43 PM PST by Argus
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To: devane617

I don’t use FB or Twitter at all.
I really don’t see any reason to.

Unfortunately I see teens and college kids spending a large amount of their waking hours on those sites.


3 posted on 01/03/2011 4:21:03 PM PST by nascarnation
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To: devane617

Many of my friends at work don’t use it. It seems that “joiners” are all for it but introverted types see social media sites as an intrusion.


4 posted on 01/03/2011 4:22:40 PM PST by ExtremeUnction
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To: Argus

I saw the story today where GS valued FB at 50 billion. I was surprised to see the value that low.


5 posted on 01/03/2011 4:23:31 PM PST by devane617 (NEVER feed your cats canned Tuna fish. Mercury poisoning.)
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To: devane617

I don’t know about other people and those sites. For me, Facebook (the only one I know anything about) was not for me - but then I’m sort of odd I guess. I found them just more of that old exclusive, snotty crap that existed in high school. You’d get tagged, or tag someone to be your “friend”, then you’d never hear from them again; they’d block you from getting certain access to this and that on their “pages” and so on. I’m just who I am and don’t have anything to hide. Some of my extended family members also would post some pretty raunchy comments on my homepage and I had to check it every day to be sure they were deleted, and then also had to delete some of the people who were doing that. Then I got propositioned by some woman on there who I had accepted as a “friend” but didn’t really know after all. (I was afraid to turn anybody down who requested to be a “friend” because we’ve moved a lot over the years and I have met a lot of people.) I finally found a way to escape from it in my “account” area; looked and looked for a way out when I first stumbled into it, but didn’t find it then; so was on for a few months. Got into “Farmville” briefly, then my ISP got to where it wouldn’t access the games on there. I think it’s that I’m too old to play those old games of playing at being “friends”.


6 posted on 01/03/2011 4:37:31 PM PST by Twinkie (Awake and strengthen that which remains . . . . . . . . Revelation 3)
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To: devane617

I see FaceBook, Twitter, MySpace as being programs to track the movements of Americans.


7 posted on 01/03/2011 4:38:37 PM PST by B4Ranch (Do NOT remain seated until this ride comes to a full and complete stop! We're going the wrong way!)
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To: devane617
facebook is evil   ©

( check out its eula )

8 posted on 01/03/2011 4:45:53 PM PST by tomkat ( fubo)
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To: devane617

What amazes me about Facebook, Twitter, MySpace, and other sites is how much private and/or compromising information and pictures that people voluntarily put up online for the world to see. If some young idiot gets busted for DUI you can be sure the local paper will have an idiotic quote from his Facebook account. There are untold numbers of stupid young girls who have their images peddled all over internet peeper sites after they put up a racy picture of themselves on some social networking site.

At some point I hope people catch a clue and collectively remove their heads from where the sun don’t shine...


9 posted on 01/03/2011 4:48:13 PM PST by Bean Counter (Stout Hearts...)
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To: devane617

If Facebook falls like AOL did; I may short it. If you recall, in 2000 AOL stock was so over priced that it was able to purchase the far more substantial Time Warner publishing for a stock swap.

Then the value of AOL collapsed, but by virtue of stock swap has Time Warner.

The same could happen to Facebook. In 2000 the movie “You Got Mail” had added to the buzz in favor of AOL. In 2011 the movie “Social Network” is doing the same for Facebook.

May be time to short the social network industry.


10 posted on 01/03/2011 4:49:34 PM PST by cicero2k
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To: ExtremeUnction

In the eyes of government I’m definitely an introverted type because I do not trust them one iota. I’ve seen society change from the neighborhood constable who walked his beat and knew your dogs name to the cop in a car who is impatient if you ask for assistance and who will kill your dog on your front lawn if it barks at him.


11 posted on 01/03/2011 4:51:56 PM PST by B4Ranch (Do NOT remain seated until this ride comes to a full and complete stop! We're going the wrong way!)
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To: devane617

“So, what do you think the future holds for Social Media?”

We aint seen nothing yet... Its going to explode!!


12 posted on 01/03/2011 4:54:04 PM PST by goseminoles
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To: devane617
At some point, a high profile case will come up where a high profile individual was brought down simply because someone else was their FB friend.

They probably only accepted the friend invitation/request from someone who was probably a total stranger out of politeness but none of that will matter as the persons career/ reputation is ruined.

13 posted on 01/03/2011 5:04:21 PM PST by fso301
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To: devane617

Social media like Facebook will sure make it easier for some future NKVD/gestapo to round up resisters. Catch one and go looking for his Facebook friends.


14 posted on 01/03/2011 5:07:45 PM PST by fso301
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To: devane617

It may not be Facebook, Myspace or Twitter but as time goes on “social media” will become more entwined in our every day life, not less.


15 posted on 01/03/2011 5:07:50 PM PST by Personal Responsibility (The more the plans fail the more the planners plan - Ronald Reagan)
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To: devane617

That’s funny. Here’s another one.

“The world potential market for copying machines is 5000 at most.” — IBM, to the eventual founders of Xerox, saying the photocopier had no market large enough to justify production, 1959.


16 posted on 01/03/2011 5:15:04 PM PST by Larry Lucido
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To: devane617

Something else will come along...when your grandma is tweeting, you know it’s jumped the shark...


17 posted on 01/03/2011 5:49:24 PM PST by Hildy
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To: devane617
I was talking about this today. Facebook doesn't make money. How can it be valued at anything? The games and advertising doesn't come anywhere close to covering their costs. As soon as Facebook starts charging people it will collapse. There are only a handful of people I know that stayed with facebook I know about a hundred that are on mine who haven't logged in for over a year.
18 posted on 01/03/2011 5:59:11 PM PST by grapeape (We are a little too late...)
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To: devane617
Facebook does have a "flavor of the day" quality about it. Just a few years ago, MySpace was all the rage. Due to all the hoopla, and pressure from other family members, I put up a basic Facebook page about a year ago and was immediately bored stiff.

Do I really care about my cousin's vacation at Disneyland and pictures of his bratty kids? No!

Do I really want people I went to high school with 30 years ago to find me? No!

Do I really want to put personal information about myself online so my employer (and potential future employers) can find it? Hell no!

There are about a hundred other good reasons for not using Facebook.

19 posted on 01/03/2011 6:10:16 PM PST by SamAdams76
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To: devane617; grapeape
Agree that its time to short it.

But consider this, one thing I see as the evolution of the Facebook business model is a move into 'paying for added value.'
Look at the number of businesses, restaurants in particular, who use their FB page as their business website. FB has made this quick, easy and cheap for businesses to do this.
Now a slight 'surcharge' to maintain this presence is a logical 'next-step' for revenue generation. Yeah, some will walk if this happens;but most will avoid the hassle of going thru the work, time and expense of setting up a "real" website when the FB site is already in-place and bkmrk'd by their customers.
Its a tried and true internet business model.

Another thing, FB is HUGE outside the U.S.A....and its growing everyday because its an "easy app" for just this sort of thing. Especially in Asia...Cheap! Cheap! Cheap!
20 posted on 01/03/2011 8:15:09 PM PST by Tainan (Cogito, ergo conservatus - Domari Nolo)
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