Nemo:
Re: “A large part of the population has taken the initiative to revamp their relationship with Facebook and other social media platforms. Whether they are concerned about privacy simply seeking a more peaceful life, Americans are becoming less interested in the dynamics of the social media scene.”
I can tell you that Facebook is a lot less fun than it used to be.
A year or two ago, Zuckerberg changed the algorithm that controls the distribution of messages. I almost immediately noticed that many of my friends went silent. When I posted something to that effect on FB, some of those who responded said "Same here." One told me that she was hoping nothing had happened to me - because I'd been a prolific poster and I'd seemingly vanished.
To some extent, I had. When you frequently get little feedback, you tend to post less often.
I have around 75 Facebook friends. That might seem like a lot, but it's fewer than anyone I know. My son has 1,100. A teacher I know has more than 3,000. It seems that younger people tend to have more friends on Facebook than older, but I'd still guess that the average person who's been using the tool for more than a year has 150 to 300.
When you go to the home page of some of the people you haven't been hearing from and see that they've actually been posting daily, it's discouraging. Why bother using Fauxbook at all if it's going to regulate communications between you and your own friends, students or customers??
That's what it's doing. Zuck has categorized people and message types, and he is isolating those that he doesn't like. Professionals who use Facebook are complaining that if they don't pay Facebook, their posts are thinly distributed.
IMO, Zuckerberg is ruining his own business. He's had such rapid success that he doesn't get it that it's not impregnable. Despite having a monopoly, it can be destroyed pretty easily if he changes it so that it is no longer fun. And once it's got that sort of reputation, you can't reverse it. That's what he doesn't understand.
Or maybe he does. That could be why he's selling so rapidly. The wonder is that the stock hasn't yet utterly collapse - though that may be what we're seeing now. It looks like $152 is the support point to watch. If FB drops below that, it'll mean that the stock is, essentially, in free fall. Zuck will have screwed the pooch.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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