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"Web 1 Socials" were built around for purpose communities; forums, irc, etc where like minded people gathered to discuss common interests. "Web 2 Socials" were
by jeffwask 4y ago
"Web 1 Socials" were built around for purpose communities; forums, irc, etc where like minded people gathered to discuss common interests.
"Web 2 Socials" were the bundling of for purpose communities into giant super communities; reddit, facebook, twitter, etc.
If this follows everything else that has gone before it on the internet. The next phase will be an unbundling where things go back to for purpose communities again until they get rebundled and the cycle repeats.
https://hbr.org/2014/06/how-to-succeed-in-business-by-bundling-and-unbundling https://hbr.org/2014/06/how-to-succeed-in-business-by-bundli...
- I_DRINK_KOOLAID 4y agoBut this is not a pie getting bigger. It's always the same pie, only the size of each serve as well as the number of serve which changes . That's at least the intuition I get it from the famous phrase "2 ways of making money: bundle or unbundle" that you mentioned. When govt. broke up Standard Oil the pie of oil extraction didn't become bigger, it was just partitioned in a different way.
- 8organicbits 4y agoConsolidated communities like Facebook derived huge value because of network effects: everyone you want to talk to already has an account. Smaller communities derive value from addressing the unique needs of their users, better moderation, the unique audience is the value. Each of those communities in aggregate may be more valuable than the previous, one-size fits all mega-network. I'd expect (or maybe hope for) a stable point with a couple large general networks, and many small, niche gems.
- jeffwask 4y agoI fear that in the current incarnation of capitalism where everything is about constant growth, stability is an impossible state.