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by rms_returns
3823 days ago
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> Personally, I believe Zuckerberg is sincere in wanting to connect everyone in the world with each other. Or, is he desperately trying to save his company by getting the last remaining drops of users in a rapidly diminishing market for new user base? If you think about it, Facebook is not a monopoly that it used to be in the early 2000s, even comparing it Microsoft Windows (like someone did in this thread) is an erroneous exercise. Windows had a kind of monopoly on PC world that perhaps no other software product in the history of computing ever had. But Facebook has tonnes of alternatives. There weren't many when it began, but today we have Google-plus, twitter, Reddit, Hacker-news and lots of others. Granted that none of them is an exact replacement for FB, but then again, everything has its pros and cons, its a monopolistic competition anyways where each product in a competitive market is a monopoloy in itself. |
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That's not the real threat to Facebook's empire. Those are all tools used by people in their late 20s and 30s who came of age in a desktop-first world and Facebook is comfortable coexisting with them.
The thing that is a threat to Facebook long term is mobie apps like Snapchat, YikYak and other things we old farts haven't even heard of. They are used by (and represent) a new generation of truly mobile-first users for whom Facebook is something their parents ("old people") use. The biggest risk Facebook has with these users is not that it just unused, but uncool.