Future of Social Networks…
It happened to Myspace, and it could happen to Facebook too…
Everyone knows that Myspace was the 1st major social network that took a way to connect with others around the world to a new level. However, Myspace could not keep up with the changing wants and needs of the users. As soon as Myspace blinked, Facebook came into the picture with a more user-friendly social network. Myspace users were dropping their accounts and joining Facebook. Facebook is now the #1 social network site, but if they don’t keep updating it and giving users what they want, then some other social network is going to take its place.
Here is a Piechart showing the Myspace Vs. Facebook users:
I think that is exactly what is going to happen in the next five years. Something new and exciting is going to pick up slowly and then phase out the “yesterday Facebook”. Facebook is going to get old to people and a new generation is going to want their own social network. No kid likes to use the same thing that their parents used, right?
Because Facebook is very popular right now, it may take a few years for the users to switch over to something else. However, from past trends of social media, I think if another social network is find a new way of interacting with others over the internet, then it won’t take long for people to learn.
Myspace’s Tom Joins Facebook! http://mashable.com/2009/10/21/myspace-tom-facebook/
