Remember when FB made changes and switched to timeline views. Everyone was saying this is the death of Facebook. Then in the next earnings call, they showed average engagement and time spent more than doubled.
Everyone boycotting reddit is all talk and no hat. They will still be on reddit.
The death of Facebook has been predicted by someone nearly every month of their existence. I've pointed this out before, so I'll do it again. Facebook could lose an entire half of their users and it would only set them back a couple of years. Their doubling rate has been amazing.
I can envision facebook taking quite a dip as the batch of new internet users that have joined in the past 2 years get tired of it and find out there ARE other websites.
The only thing that can kill facebook (if nothing changes about the product itself, i.e. the same growth and same increasing utility) would be people losing interest in social interaction.
To me, this looks like FB has finally accepted defeat in the social networking space. Over the years it has been deteriorating at delivering on its core mission of connecting people and supporting personal relationships.
I don’t think FB of the past would have green lighted this project, the hit on its brand positioning is significant. It will only accelerate people’s disassociation between FB and a social network.
Effectively, at this point they’re just cashing in on their brand equity and milking their user base.
Interesting to see Facebook's progression from a social network for students to an advertising network. This may actually be good for their shareholders, as social networking seems to have been unprofitable for them. Nothing lasts forever on the internet - except perhaps the text-only websites of professors on .ac.uk domains - and Facebook's future may be not as a social network, but as an advertising network. I'm speculating, but given the general shift (at least as I've seen) away from Facebook as a social network, changing their game might be the only way to stay afloat.
Cue the beginning of the end. This is a strategic, not tactical decision, and one I wasn’t expecting Facebook to make anytime soon...unless they are in worse shape than even the naysayers suggest.
That was incredibly unexpected. Facebook may very well end up in the majority's good graces with this move. I wonder how some of the bigger players will react (no pun intended) after their abandonment of React in lieu of Vue or some other framework. Interesting times indeed.
I'm still completely convinced that this whole scandal will not damage Facebook a bit, in the long term. Yeah, the stock is going to be a bit lower for some weeks, some people will leave, but the largest part of the Facebook users has not even realised the scandal in full scale. They're not going anywhere, they're going to continue as is, since there really is not alternative for Facebook right now and tbh they would just probably do the same thing to their users so why bother. The only solution for people concerned with this is giving up on social media all together. The majority however won't care at all and still continue using Facebook.
It is interesting that the #1 story in HN is decline in FB and the #3 is growth in Reddit. Personal anecdote, I have shifted all my FB screen time to Reddit. Not out of any agenda, but perhaps to interact with a more diverse group of people. Bold prediction: FB will try to acquire Reddit soon
I recently interviewed with Facebook and was wholly unimpressed with the team and managers. For a mature company, it still seemed super dysfunctional and chaotic. They also lacked basic industry standards and best practices that basically any other company a fraction of their size would have. I have a feeling when Facebook starts to collapse, it's going to be a really hard and fast fall.
Not sure about the headline but it makes sense what his kids are doing. Reddit and Tumblr allow much more freedom and do not try so blatently hard to profit from traffic.
Facebook is dying a slow death for what it was once used for: fun. They have too much cash on hand to disappear any time soon. But users will grow tired of Facebook as a pleasurable diversion. Because Facebook will keep trying harder and harder to make money. Because the traffic will gradually slow down. When you make all your money from display ads, and the traffic begins to slow, you get desperate. Slowly, Facebook is inching toward this inevitability.
I don't get this logic that because every social network before fb died so will fb. We have to agree that fb understood the social networking landscape a lot more than all other previous players. My guess is fb will not rule the web but it is here to stay for a long long time
God forbid they manage to get their hands on other apps to capture that market... oh wait. People have been predicting the death of facebook for the past decade. It does tend to get old after a while.
Facebook's going to be here a bit longer. Sure, I think we've all noticed we use it less than we used to, but Facebook will only slowly decline until a truly superior replacement comes along. Then you can kiss it goodbye.
I think AOL is a good model of where Facebook is headed. It's happened to MySpace, it's happened to Digg, it's going to happen to Reddit, wtf were they thinking? Strangely enough, the worst site of them all, Twitter, will be the only one left alive as it is.
Everyone boycotting reddit is all talk and no hat. They will still be on reddit.
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