The future of Facebook

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Left Turn Left Turn's picture
The future of Facebook

[url=http://tech.blorge.com/Structure:%20/2008/11/01/would-you-pay-to-use-fac... yo pay to use Facebook?[/url]

Quote:
Last month saw Mark Zuckerberg, CEO and founder of Facebook declare that the primary goal of the site was growth, not revenue. Furthermore, it will be years until the site needs to really start putting a revenue model together.

But, the economy is on the slide, and advertising rates are going
down as a result, so maybe Facebook needs to start thinking about
monetization plans outside of just littering the site with adverts? In
which case, could a subscription model be the way forward?

...

Quote:
A subscription based model is of course pure speculation at this point
in time, but I wouldn’t rule it out happening in the future, especially
if the number-crunching detailed at TechCrunch
proves accurate. If it ever did happen though, Facebook would lose me,
and everyone else I’ve asked whether they’d pay to use the site or not.

 

[url=http://www.techcrunch.com/2008/10/31/facebooks-growing-problem/]Facebook May Be Growing Too Fast. And Hitting The Capital Markets Again.[/url]

Quote:
There’s no doubt that Facebook is growing at a breathtaking pace. A
year ago, according to Comscore, they had just 74 million unique
monthly visitors and 35 billion page views. Today those numbers have
grown by 118% and 74%, respectively, to 161 million unique visitors and
61 billion page views per month.

 

I likely would not pay to use Facebook. If, at some point in the future, Facebook becomes a paid-access site, I likely would not be on facebook anymore. In some ways it wouldn't be a huge loss, but in other ways it would be. I use Facebook as one of my primary means of finding out about left events in Vancouver. Some events I only find out about because someone invites me over facebook. There are other ways of finding out about left events in Vancouver, other than Facebook, but Facebook is the most convenient.

Michelle

There's no way I'd pay to use Facebook.  I use it now a lot, but I wouldn't bother if I had to pay.

Stargazer

Not a chance I'd give money to use Facebook. Ever.

Lard Tunderin Jeezus Lard Tunderin Jeezus's picture

I might, perhaps, consider Facebook as a subscription service -  if the fee was reasonable, AND they offered my complete privacy in the stead of their ability to profile me and sell the data. 

jrose

My first reaction was "Hell, no!" and I hope it doesn't get to the point where I have to make the decision. I have my issues with Facebook, but I do use it a lot to keep in touch with people from all over the place, and it allows me to stay connected in ways that I otherwise couldn't. First reaction -- absolutely not, but maybe, just maybe, if the price was very low I might stay on, but I think so many users would end up leaving Facebook and returning to other social networking sites, like MySpace and Twitter, that Facebook would lose an astounding number of users.

Polly B Polly B's picture

I think if it was reasonable I would stay on.  I have found and kept in touch with so many people that I otherwise wouldn't.  And for keeping track of the teens it's great, I don't think they realize that those crazy party pics that buddy took on Friday night are going to end up on Mom's feed by Monday, complete with comments and plans for the next bash.

"So, how was the sleepover?  Get that big project done for socials?" 

 

(Why did you have a bucket on your head???)

 

The preceding was a true story about my 16 year old.  Busted.  Tongue out

genstrike

If facebook makes people pay, they will lose so many subscribers that it will be the end of facebook.

Michelle

Yeah, you won't be finding many people any longer, because it will discourage newbies from signing up - and a lot of your current "friends" on Facebook will likely not bother keeping their account either.

If they were smart, they'd do what LiveJournal did, and go the extra features for subscribers and free basic accounts route.  Everything currently on Facebook stays free, and they add new and interesting features for paid accounts.

old_bolshie

Anyone giving up that much personal info on the net is opening themself up for some true misery down the road.

 

Yes it's handy for some things but having been victimised by a stalker in the past there is no way in 40,000 hells I'd go near Facebook-too many weirdos in the world all of them with an internet conection.

Stargazer

You are completely right. Too much information, and an unsecured profile = bad bad things. Insurance companies, corporations, the police...all use facebook to try to gather evidence on people. Don't be silly and just lock your profile down as tight as possible.

Unbiased

Perhaps someone can find the old thread on facebook regarding its divulging of personal info. I tried and I couldn't so I am posting this link here.

http://tiny.cc/eqIlh

 

"An Ontario judge has ordered a man who is suing someone over injuries sustained in an auto accident to answer questions about his private Facebook content."

Lock up those facebooks folks. Nothing is sacred. 

Stargazer

Thanks Unbiased. I was going to post that up a couple days ago. Scary article.

Michelle

Yup.  No one sees my Facebook profile unless I've met them in real life and know who they are.  I know people who use Facebook to network or for publicity for their projects, so they accept any and all people who friend them.  Not me.  Not something that has my real name and pictures of my family and all that.

I used to not even make my profile picture public on searches.  I've relaxed a bit on that, but there are times when I think I should change it back to private.

Michelle

By the way, in this case that Unbiased posted, this was a case of a court demanding to see someone's PRIVATE profile.  This would be no different than the court demanding to see your photo albums, your diary, your laptop hard drive, or to cross-examine your friends.  There's a lot of things you can pin on Facebook when it comes to privacy issues, but I don't think this is one of them.

 

Stargazer

I agree Michelle, and had the same debate last evening with a friend. I am sure this will end up in an Appeal Court. Can you imagine the damage to facebook this will do if not appealed? Already employers, insurance agencies, the police etc. have access to most profiles and people's personal information. If this isn't appealed Facebook will lose a lot of people.

Boom Boom Boom Boom's picture

Michelle wrote:

By the way, in this case that Unbiased posted, this was a case of a court demanding to see someone's PRIVATE profile.  This would be no different than the court demanding to see your photo albums, your diary, your laptop hard drive, or to cross-examine your friends.  There's a lot of things you can pin on Facebook when it comes to privacy issues, but I don't think this is one of them.

Exactly. Before Facebook, defense attorneys, in addition to looking at all the items listed above, could also hire a private investigator to follow the person around and see if indeed that person could not enjoy all the former activities that compensation is being asked for. Facebook and other social networking sites are likely going to be the first place trial attorneys look at, in some instances. If you're in a situation where stuff you post on Facebook could be used against you, then don't post it in the first place. Let the lawyers work for their income. Wink

Catchfire Catchfire's picture

I couldn't find a more recent general facebook thread, but this one will do in a pinch.

Facebook privacy policy from 2005 to 2010.

NDPP

Facebook: You Are The Product   -    by John Lanchester

https://t.co/7RXmcujr6I

"Even more than it is in the advertising business, Facebook is in the surveillance business. Facebook, in fact, is the biggest surveillance-based enterprise in the history of mankind..."

Michael Moriarity Michael Moriarity's picture

The Onion News Network had this story years and years ago. Yawn.

NDPP

The LRB piece is considerably better than your old Onion. Yawn.

NDPP

Facebook Claims 'Russian' Nonsense To Distract From Its Fraudulent Ad Sales

https://t.co/bMgRRpuJG8