Dec

30

Facebook, from David Lillienfeld

December 30, 2013 |

 A few months ago, we had an animated discussion regarding the long-term viability of Facebook (and by extension its value). Reports were already starting to surface at that time that youth were moving away from FB. Some ethnic groups like blacks had moved on to other sites, such as MySpace. While most of these reports were US-focused, there is now similar findings for European youth. How FB will address these changes, if it addresses them, is not clear. Also unknown is what the recent disclosures of FB's responses to NSA surveillance requests is also not known. In any case, evidence is mounting that FB is a passing fad, at least among youth. I do not know of similar reports for their parents.

Peter Tep writes: 

In terms of cool factor amongst youth, 12-25, I believe FB is indeed fading but its usability is still second to none. As a Google+ user also, I can say that there is no comparison to FB, especially since one can also keep in touch with his older less technologically inclined older relatives.

Twitter definitely has the edge over FB now in terms of instant connection etc and teenie boppers can feel more connected to their beloved celebrities.

Although fading, I'm yet to believe that there will be a worthy competitor of FB.

My 2c


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