Having been a very early adopter of Facebook and then gone years ago I never really understood the value proposition. Today almost every web page is filled with advertising trash, it pops up, slides around, blinks, makes noises, dumps cookies, and keeps attaching itself to every other page you examine. In addition you see silly comments by people you have no knowledge and then your name gets connected to data as if these were your interests. So what is the value proposition again?
In today;s Telegraph they state:
A study of how older teenagers use social media has found that Facebook is
“not just on the slide, it is basically dead and buried” and is being
replaced by simpler social networks such as Twitter and Snapchat. Young people now see the site as “uncool” and keep their profiles live purely
to stay in touch with older relatives, among whom it remains popular.
So what is the value proposition again? It appears as if they are "losing" subs and morphing into a billboard system. Having users is not the same as booking revenue.
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A blog containing opinion and analysis in a wide array of areas including the economy, health care, broadband and international relations.
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- Florham Park, NJ, United States
- Terry has spent most of his career in industry, half in corporate executive positions, and half involved in his start ups. He started on the Faculty and Staff at MIT in 1967 and was there until 1975, and he had returned to MIT from 2005 to 2012 to assist groups of doctoral and post doc students. Terry has focused on a broad set of industries from cable, to satellite, wireless, and even health care software and medical imaging. Terry has published extensively in a broad set of areas as well as having written several books. Terry has returned to Medicine on Boards at Columbia University Medical Center. Copyright 2008-2024 Terrence P McGarty all rights reserved. NOTE: This blog contains personal opinions of the author and is not meant in any manner to provide professional advice, medical advice, legal advice, financial advice. Reliance on any of the opinions contained herein is done at the risk of the user. For publications see: https://www.researchgate.net/profile/Terrence_Mcgarty
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