Monday, December 27, 2010
My Take on Facebook
While I don't have quite the same feelings as the gentleman above about Facebook, he does have a point. Facebook is a tremendous time waster and leads to superficial social contact. With the movie The Social Network and Mark Zuckerberg being named Time's Person of the Year, Facebook has been all over the news of late. Stock has recently been sold that report values the company at close to $56B (way overpriced in my opinion). But I find little use for it in my personal life, and resent it's intrusion on my free time. I will be happy to never log into Facebook again as long as I live, and I won't miss a thing of any significance. I'm sick of reading travelogues of people's comings and goings.
Don't get me wrong, I'm all for technological advancement and using the web as a source of learning. I believe all this recent publicity signals the height of Facebook's fortunes. My guess is that the next 10 years will show Facebook to be one of the AOLs of the world as their popularity declines and they are replaced by the next upstart with a revolutionary idea.
I'll close with a video referred by Suba@wealthinformatics: