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User: Oh, hello Facebook. Can you help me find out what my friends are doing? Facebook: Oh, definitely. Just have a look at your NewsFeed and see what they're
by padobson 14y ago
User: Oh, hello Facebook. Can you help me find out what my friends are doing?
Facebook: Oh, definitely. Just have a look at your NewsFeed and see what they're doing.
User: Wait, I've got 2000 friends. Why am I only getting a NewsFeed post twice an hour?
Facebook: Because we decided that's the information that you're most likely to want.
User: But what if I want to know what everyone's doing at any specific moment?
Twitter: Can I be of assistance?
User: Oh, hello Twitter.
- alexkus 14y agoFor now yes, but Twitter could do exactly the same thing at some point in the future; they need money too. Whatever rug you get comfy on can be pulled from under you at a moment's notice. IPOs/monetization/capitalism has far more power than the user-base. I'd love to see a bunch of not-for-profit[1] startups to come along to replace the likes of paypal/twitter/stripe/etc. 1. For example, supported by just enough injected advertising to break even, or fees set at a percentage that just covers costs rather than going after piles of profit.
- padobson 14y agoI couldn't agree more that these companies need to find better ways to monetize. Watching Zynga slow to a crawl at the same time they represent 14% of Facebook's revenues is proving we haven't found the best business model for social media yet. My point, though, was that they're making the product worse. The lack of a creative business model to monetize a user base while keeping the quality of the product high is disheartening. These are some of the best minds in consumer internet - which doesn't give me high hopes for consumer internet.