1. Skip to Menu
  2. Skip to Content
  3. Skip to Footer>
  • The Paradox of Consumer Choice
    A few years ago I read a book called The Paradox of Choice: Why Less is More by Barry Schwartz. His anecdotes were insightful and pointed to truths about the amount of choice the free market has laid on us as consumers. Of course free markets and consumer choice should be good things, but there are certainly experiences I have had where the overwhelming sense of having too many options made it difficult to actually make a decision. I related to much of what the book was saying, particularly with the experience of picking out a DVD to watch from my massive collection. I recall staring at a wall of DVDs and having the most difficult time deciding what to watch. The decision-making process when faced with so many good choices was simply immobilizing.  
  • The Future of PC and Mobile Processors

    I've spent a lot of time with a number of hardware manufacturers recently, trying to get a glimpse into the next generation of processors and the ways in which they'll impact future gadgets and PCs. In all my meetings, one term has arisen time and again: SOC, or system-on-a-chip.

    Traditionally, chips have been created independently and then coupled together to provide multiple computing features. For example, a manufacturer would create a core processor like an Intel Centrino with a built-in Wi-Fi radio, and then attach that to a systems board, perhaps linking it together with a separate graphics co-processor, in order to deliver enhanced PC graphics. Another might take an ARM core processor and then add on additional features like extended graphics to enhance device functionality.

  • Apple's iPad: Live up the Hype? It Will....
    It was interesting to hear all the chatter after last week's iPad launch. Most reactions I heard from other analysts and media were lukewarm at best...which was what I expected. If you think about it, how can anything live up to the kind of hype leading up to this launch? But there was a lot missed in the media about the event and the product that I hope to share in order to maintain our perspective on not only the iPad but on Apple and their products.  
  • Innovation Abounds - CES 2010 Post Show Analysis

    This year's CES was very interesting. I had felt for the past few years that CES was sorely lacking in the innovation department. But this year it looks like things have changed in the technology industry. Technology companies have realized that to reach the consumer the pace of innovation needs to accelerate, and this year's CES was a start in that direction.  Several things stuck out that I'd like to highlight:  

Does Facebook have a future

Just as more and more people are discovering Facebook, observed by the number of friend requests I get from colleagues , I am already beginning to wonder if the end has begun for Facebook. Not only has Facebook struggled and not shown a single compelling model to make money they are also struggling to keep people engaged for any period of time.

Some of my latest research with over 100 social power users under the age 25, that I have observed follow who set the trends in social media, have begun alluding that they are spending less and less time on Facebook and on average less then 2 minutes at any given time. They may still “check” it several times a day but again only a short bursts.  

The most time spent at any given time is to update photos or media. This does not bode well for advertisers because the future of advertising on the web will rely more on integrated efforts as opposed to banner ads or static advertising as we see today.

On top of all that Facebook does not have history on its side. If history proves true that once a market, in this case the market is social networking, reaches maturity it moves from standardization to segmentation. In short the market fragments. This is exactly what I think will happen with social networks. I have said before and still believe that social networks will number 1) become more community centric then networking centric and 2) much more focused or specialized.   If this trend holds true then facebook will become more of a general social / communication / relationship management service and more specialized networks, like Dogster.com for example, will gobble up the lions share of actual consumer time spent on site. 

All of that being said I am not sure what the future holds for Facebook. Facebook is at a number of crossroads and they need to figure out very quickly how to re-engage with people and keep them engaged by making it possible to have meaningful relationships with another human. This is the difference between a networking mentality and a community mentality. I particularly have not seen or heard a shred of visionary thinking from any top exec at Facebook that leads me to believe they have any clue where they are going. I am also quite excited about a few other communities that are popping up, which will remain nameless as they are in stealth mode currently, that may very well demonstrate what the future of online communities may look like.

Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy

Add this page to your favorite Social Bookmarking websites

Innovation Sponsor

  • Banner

Copyright © Creative Strategies, Inc 2009-2010