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by moylan
5141 days ago
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the telegraph service western union turned down a chance to buy the patent for telephones as they thought it was merely a toy. it's still a custom in ireland to send telegrams for weddings, other than that... facebook is merely a service that will exist till some better service comes along. disclaimer. never had a facebook account. |
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The inevitable comparison when this comes up is to Friendster or MySpace, but it's really a poor one. Neither had anywhere the reach of Facebook even at their height, nor a large percentage of the world's internet users. Earlier social networks had significant competitors. Isn't it remarkable that in the ~4 years that Facebook has been dominant, _nobody_ has successfully challenged it?
Facebook will likely diminish in importance at some point, but it's not going to happen any time soon.