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Does HN qualify as "social media"? We are not anywhere near "Peak Social Media". Otherwise investor valuations would not be what they are. Even discounting th
by dosy 8y ago
Does HN qualify as "social media"?
We are not anywhere near "Peak Social Media". Otherwise investor valuations would not be what they are.
Even discounting they can predict the future, Zuck hasn't even got started on his VR/AR "ready player 1" social network dream yet, decentralized social media hasn't had its try for the title yet, and the non-social big 5 are still waiting for FB weakness for their chance to strike with something new.
Not to mention whatever comes out of the BRICS countries that may be some innovation over SV social media tech.
This baby still has a lot of miles left in it, I think.
Fundamentally, people's desire for distraction / convenient "human connection" has not yet been sated. (Will it ever?)
- randomdata 8y ago> decentralized social media hasn't had its try for the title yet That depends on the answer to your first question. If HN is considered social media, then Usenet needs to be considered social media. In which case decentralized social media already had a good run, but users eventually came to prefer centralized systems.
- jryan49 8y agoInvestor validations of tech before the bubble wasn't super accurate. I mean facebook lost 20% of it's value in a day, how does that not scream speculative bubble?
- slantaclaus 8y agoFacebook’s PE is like 25. Best to stay focused on valuation metrics. Historically it’s a steal, in fact I expect it slide back to 30 in the near term
- Alex3917 8y ago> Does HN qualify as "social media"? Here is a good discussion about how academics who research the Internet define social media: https://www.fwdeveryone.com/t/ZZCAfWipRjCjvC9ZzbLf1w/air-definitions-social-media-sites https://www.fwdeveryone.com/t/ZZCAfWipRjCjvC9ZzbLf1w/air-def...
- dosy 8y agoThat FWD.Everyone site is pretty cool.