Are you in Social Networking Bubble that is preparing to burst?
The recent news that MySpace China to lay off half the workforce reminds me of the dotcom days of the 1990s, where experts are predicting that all the dot com is a record for the month.
It is strange that this happened in China, with it growing middle class population, but the reality is that there May be too many social networks (more than 375 at the end of the count and growing like mushrooms after the rain)
Experts have predicted that social networks will dramatically change the way we live, but we are less extravagant.
Of course, they announced a new paradigm, but may look May need some tempering.
The largest demographic of U.S. Facebook users are mostly women in the 18-34 age bracket. It's not supposed to pick up on Facebook, but it is the largest social network, and only used agents. This May not be fair, as all networks are not the same, but the pattern may be the same.
But the demographic tire becomes either befriending other or they will change the way networks are used to avoid the obsolescence that seems to follow a NS?
Human beings still have a herd mentality, where the rush to adopt what appears to be the latest.
The web is so dynamic, that what is hot today, for unseen reasons, it can quickly become yesterday's news.
Mark Zuckerberg has won awards, called the man Time magazine, but still the question remains whether he can remain involved in the class of individuals, like Steve Jobs and Bill Gates or Steve Case, who founded the Apple Computers, Microsoft and AOL, respectively.
In the accompanying articles indicate that the Social Networking phenomenon can already be found in places such as LinkedIn is rumored to maneuver on the IPO, and Facebook may not be far behind.
Only time will tell how things really shakeout, but sites like Friendster, which is considered one of the original SN already relegated to the basket out of date, we are beginning to see some changes uSvijetu social networking.