Will Facebook still be around and relevant within the next 5 to 10 years?
Technology and social media are constantly recreating themselves and what was once the must have quickly becomes passe'. Will Facebook survive or will they become another Myspace?
Will definately fall to the wayside. People are already drifting away with google plus being available. In my opinion, that's why they went public. They get the money while the getting is good.
I suspect Facebook will be around for a very long time. It has partnered with many companies and internet sites. Presently there are over 900 Million in the world using Facebook. Businesses are looking for ways to market to those people based upon information they volunteer about themselves. Yahoo, AOL, and even Hubpages offers one the option to log onto their websites using Facebook.
In comparison Myspace was nothing more than a vainity excercise for people to have their own semblance of fame. Often times these people were adding music to their sites, promoting parties, concerts and events...etc It was child's play compared to where Facebook has taken social networking.
In my opinion Facebook is to social networking what Microsoft is to personal computers. The future may be bring "better" solutions but Microsoft and Facebook have so much of the market (married to them) that other companies will be happy just to get a small percentage or secretly hoping to be acquired by them.
Social Networking is now a household term. There are people who do nothing else and this newest generation of computer users don't even know what life is like without sites such as Facebook, Twitter, etc. There are new services blooming off of these sites, my favorite being Klout, which actually measures your social media presence like a credit score. At the center of this huge 21st century social networking boom is Facebook. To say that Facebook will fade away is to say that social networking is just a fad. With the rise of portable and hand held devices where kids live on such sites, do you really see that happening? Facebook is here to stay, and in a big way.
You know, in 1957 my folks told me that rock-n-roll was a fad and would run its course in a year or two.......
Facebook has a lot of room to grow in the emerging markets as technology and access to internet become available. I can see Facebook being easily relevant in parts of the world for the next five to ten years unless a very strong technological breakthrough happens, and that technology uses another type of social media over Facebook.
Social networking will always be around. Facebook may not. Other companies are entering the scene and seem to be filling in the blanks that Facebook is missing, but desperately trying to get. One instance is google+ and the way people can have distint groups. Although I have a couple of social network accounts, I am not an active member in any of them because privacy doesn't seem to be too big of a concern for these companies. They talk about privacy, but I still see comments that I have made in my "friends only" Facebook account that pop up on web searches every now and then. When enough people have seen their comments on the web, Facebook activity will dwindle. I am already seeing it in my little cyber community. People aren't really saying anything - just posting poster boards with messages - no real "meat" in a conversation. No more pictures of them at the previous evening's party. People are shutting down, and that can't be a good thing for Facebook.
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