31–40 of 226 posts
I wonder if there’s a market for small app, limited in scope, knock off of the original Instagram. $1/month.
Tell me you are willing to pay $1/month, and I will stop postponing it and finally add it to https://communick.com
I also think TikTok has serious risks going forward re Chinese government. Already a lot of grumbling from lawmakers in US about banning it as CCP growing more belligerent in recent years whereas Facebook products aren't at all influenced by it.
I wonder if there’s a market for small app, limited in scope, knock off of the original Instagram. $1/month.
There are reasons why IG has 2B people, part of which is not charging $1/month.
Social products all have a lifetime value and it’s incredibly short. The same thing will also happen to TikTok one day. I suspect we will learn in the coming decades that social media companies are very profitable in the short term, but not so in the long term, say 20 years, unless the keep introducing new viral social products.
Twitter first rode this trend, but TikTok really exploited it specifically with the medium of video and their algorithm to serve content.
Networks effects were once seen as the ultimate moat and one reason why FB could never be taken down. But it turns out if the content people “trade” on their “marketplace” is poor, all the network effects in the world won’t save you.
I hope not. I use it as a way to save my moments with my family, in the expectation that It will survive some good years, and therefore my kids can then watch the pics, videos, comments and get a better picture (pun intended) of the context of the photos. Much better than have it in a disk (if its survive) or printed.
This situation is increasingly a concern for me too, and I think replication and shared data ownership is the solution. Like everyone you care about having a copy of your data, and the copy always being up to date, perhaps encrypted so only those family you want to consume the content have access to those pictures too via user control. Anyhow it's sad that Facebook has so much of my family's lives hostage... Only the…
Social products all have a lifetime value and it’s incredibly short. The same thing will also happen to TikTok one day. I suspect we will learn in the coming decades that social media companies are very profitable in the short term, but not so in the long term, say 20 years, unless the keep introducing new viral social products.
Social products all have a lifetime value and it’s incredibly short. The same thing will also happen to TikTok one day. I suspect we will learn in the coming decades that social media companies are very profitable in the short term, but not so in the long term, say 20 years, unless the keep introducing new viral social products.
I think this is a lazy conclusion and needs more depth. What’s huge - seismic really - is that people actually prefer to know more about strangers than friends. On average, these strangers tend to be personalities and as a result are more entertaining / interesting / provocative than my typical friend. Combine this with the average person posting less about their life and you end up with a serious problem. Twitter fi…
Some smaller social media networks have maybe kinda sorta survived more than one generation to some extent but it's debatable. Twitter seems like it has the most staying power so far but the present situation is evolving rapidly.