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Will Facebook disappear?

Here's someone who thinks Facebook will disappear in 5-8 years. If that were to happen it will only further reinforce what Joseph Schumpeter identified as 'creative destruction'.

You see, the problem in consumer value creation is its susceptibility to radicalisation. Meaning, socialising on the web may be big for now. But there's no guarantee that's way it'll be in the future. Eric Jackson's got a point in stating Facebook's 'mobility' problem. There's merit in admitting this problem could even threaten Facebook's existence.

The biggest problem for current consumer creators is the upstart who's gonna come out of nowhere to create enhanced, but more importantly radical value that'll bankrupt existing value propositions. That's the kind of risk Facebook currently faces.

You can bet on that.

Comments

Unknown said…
GOODONE SIR :)
Benosh Haris said…
This comment has been removed by the author.
Benosh Haris said…
I should believe that your assessment is based on the inference that FB will not innovate and remain a superficial level networking platform. Supposing app builders try to monetize by providing services to 1 billion FB users. Here FB only provided the numbers and platform while App creators built the deep down functionality that can be embraced by FB users and possible inter connectivity between different apps in FB. Look at the market then.My take is Google play will define individualized apps and FB will support networked apps.. FB getting into mobile phone space is a great indicator of its aspirations.
Benosh Haris said…
I should believe that your assessment is based on the inference that FB will not innovate and remain a superficial level networking platform. Supposing app builders were trying to monetize by services to 1 billion FB users. Here FB only provided the numbers and platform while App creators built the deep down functionality that can be embraced by FB users and possible inter connectivity between different apps in FB. Look at the market then.My take is Google play will define individualized apps and FB will support networked apps.. FB getting into mobile phone space is a great indicator of its aspirations.

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