Monday, July 02, 2007

Social Networking

There seems to be a lot of blogging going on about Facebook. As you know, Facebook launched its new "open" platform. A backlash has hit Facebook in the wake of a tremendous amount of upset users who have been overloaded with a sea of new apps.

Facebook's plan is simple. More users equals more revenue. However, they may have overlooked one key element: they need to keep their current users happy.

Social networking a la Myspace and Facebook seem to be played out a little bit, but there is a new paradigm in web 2.0 and its called user generated content. I really think that this is the key to the future of social networking. Wikipedia and others have done a great job of creating content that has come from the users. My hunch, though, is that there is another twist in this game that will soon hit. Social networking may be played out, but the paradign is going to shift again.

iPhone: Cingular, AT&T or whatever their name is today bungled the opening day sales of the iPhone. Steve Jobs, wake up, cingular is not ready to handle Apple. Open the iPhone to every carrier.

0 comments: