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MySpace's Melting Makes Murdoch Mad
Barence writes "Facebook has overtaken rival social network MySpace for the first time — provoking an angry outburst from Rupert Murdoch, the man who paid $580m for MySpace only three years ago."
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People are tired of being linked to a page that has crappy layout, crappy embedded video or music that plays automatically, is full of lolspeak and/or textype, and is so random that it makes a schizophrenic feel confused.
oh wait.......
friendster
xanga
geocities
tripod
etc.
and don't worry about facebook, in a few short years, it too will be a hasbeen, replaced by whatever site is the new trend
social networking sites are nothing but trends. they have the limelight for a few years, then they fade. think of them as the bell bottoms and ankle warmers and member's only jackets of the web. here today, master of everything, gone tomorrow, utterly forgotten
so how do you make money off of them?
you make money off of social networking sites by becoming extremely powerful, then seducing some tragically unhip media conglomerate to buy you for gabazillions, then you sleep all day and party all night
so congratulations murdoch, you have a place in "new media" after all: the patsy left holding the bag
intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
All of these sorts of things tend to collapse under their own weight. When they start out, they're being created by people who are passionate about it and doing it because they care/enjoy working on it. Then it grows and more people sign up and suddenly there's a potential for some money to be made exploiting it. And that's what happens. The advertisers and spammers move in in full force, deals are made in order to afford all the new servers needed to keep up with traffic, and more and more people keep joining just because their friends told them they should.
The ratio of signal to noise gets skewed to the point where it becomes hard to use, and that combined with the general fickleness of people (especially the younger people that make up a significant portion of the userbase), means that the eyeballs go elsewhere. And at the end of the day, nothing that myspace or facebook or any social networking site does is really all that complicated. There are plenty of other websites out there that are offering ways to communicate with other people.
I'm not sure if it's a good thing or a bad thing, but the churn and turn over seems to be pretty consistent. Before facebook everyone talked about myspace. Before myspace everyone talked about orkut. Before orkut everyone talked about livejournal, etc... All those sites still exist, but today facebook is the one that people are writing headlines about. A couple years down the line some new upstart will be getting all the attention. It's just the way it is, and investing in one of these sites like it's going to be the next amazon or google is pretty silly.
One time I threw a brick at a duck.
If myspace pages didn't suck so bad, there wouldn't be a problem. I don't even consider Facebook and MySpace rivals. Facebook is so far beyond MySpace, it isn't even worth discussing.
Facebook's days are numbered, I'm sure. Something will come along to replace it in the next couple of years...unless it is able to evolve.
"All of these sorts of things tend to collapse under their own weight. When they start out, they're being created by people who are passionate about it and doing it because they care/enjoy working on it. Then it grows and more people sign up and suddenly there's a potential for some money to be made exploiting it. "
You just summed up almost all businesses in general, not just social networking ones.....
Except that there's consistent support from the hosts on one side of the debate, thus making it invariably two on one.
And that's ignoring that their NEWS shows also show rampant bias, poor to nonexistant fact-checking, and deliberate propaganda reporting, as well as just plain dirty tricks (Such as their constant "Obama/Osama" name slip-ups. I'm not saying that they can't have pundits, I'm saying that their regular newscasters, who are positioned as NEWSCASTERS, are engaging in propaganda and punditry while claiming to be delivering factual and unbiased coverage.
As for Keith Olberman... even while delivering an opinion column, the man has an infinitely better record on vetting his sources and producing factual, correct news than Fox News ever has. That's a bad sign, that is.
``Republican'' is synonymous with ``American'' now? Who are you, Joe McCarthy?