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I'd wager that FB is at its summit now and it'll become more obvious as more young people who ignore it now continue to do so growing up and the people who use
by zecg 9y ago
I'd wager that FB is at its summit now and it'll become more obvious as more young people who ignore it now continue to do so growing up and the people who use it continue to die.
- Cthulhu_ 9y agoNot yet; they're still expanding in developing countries, going as far as building their own internet (same what Google does) so that they can control it. They've already been slapped on the wrist for breaking net neutrality rules there (free access to FB, pay for the rest). And they're doing it under the guise of providing access to everyone, not the real reason, getting everyone hooked on their products and their slice of the internet (not unlike how we were taught how to work with Windows and Office in school and never even heard of the alternatives until later).
- dingaling 9y ago> free access to FB, pay for the rest) I'm not aware of any internet.org region in which Facebook is the only unbilled service.
- tambourine_man 9y agoFacebook is not the blue website. It's also Instagram, WhatsApp and whatever they buy next. And those are not being ignored by young demographics. At all.
- fosco 9y agoTo add to this definition. Facebook is a large conglomerate business that grows by purchasing young successfull social networks in multiple areas of services.
- shortoncash 9y agoIt's effectively a kind of hedge fund that dabbles in internet and social-specific assets. The more they diversify their portfolio and occasionally branch out, the harder they will be to fully kill. This is the pattern with a lot of companies. They just become portfolio asset managers with a specific area of interest.
- pascalxus 9y agobut we don't need to kill them to be successful. It's all about offering alternatives and making the switch to alternatives easier. This keeps platforms competing with each other, which keeps them in check.
- shortoncash 9y agoFair point, and I accept it. But, it's important to add that our task is much harder because they get added "synergies" they get from the "connectedness" of their portfolio.
- dreamfactored 9y agolike mcdonalds buying up nice sandwich and coffee shop chains
- zecg 9y agoHowever, Instagram is not really monetizable - I can't see them making real money with it without making it shitty in the process. And WhatsApp is encrypted with Signal and others waiting in the wings, good luck with that. What else do they have? tbh? VR?
- frogpelt 9y agoI've heard this before. But they have big plans to provide internet access to underdeveloped countries etc. They are not going away anytime soon.