[sifarat]

Social networking overall has run its course. below are the phases it has gone through like everything else.

1. Initial Launch: OMG! Cool. Signup

2. More people Jump in, it becomes even more exciting.

3. Everyone starts using it.

4. Eventually, excitement starts to fade away.

5. It becomes boring.

6. People's addiction eventually starts to decline.

7. People totally lose their interest.

8. Eventually, it becomes a ghost town. End.

Google+ even couldn’t pass through the 2nd phase.

[brazzy]

The steps from 4 to 7 seems to me not to be at all inevitable. Facebook provides pretty solid and sustainable value in allowing you to keep in touch with people you know. It does not require excitement, hype and obsession for that.

Of course, if usage intensity declines, so does revenue (but also costs).

[sifarat]

the advantage or significance of facebook is that, it has been able to prolonged these phases.

[rplnt]

That's not it. People still use facebook and will for a long time. It's just that next generation won't use what the old one used. Also it's not about social network or not, it's about some method of communication/sharing/organizing. It's not about being interesting/boring. It's not a game as you (and many other people - especially those verbal about quiting these services) try to portray it. All that matters is that you have contacts there.

As others mentioned, great example is ICQ. Many people still use it. Not much of new people, but people who got to it in the late 90s and early 00s.

[sifarat]

here i have written about.

The Delusion of Social Networking. http://nerdspace.co/588

[vdaniuk]

Citation needed. Please provide facts that prove social networking overall has run its course.

Social networking overall is strong as ever in my opinion but I'm ready to have my views challenged.