Archive for January, 2007|Monthly archive page

MySpace and Facebook are Losing Their Way

In big media MySpace advertising global, social networking on January 18, 2007 at 12:00 am

I was reading my buddy Brian Balfour’s blog, and what I realized is how much in awe of MySpace that people seem to be. I love MySpace users personally, because once they tire of the constant maintenance and conversations that are much ado about nothing, they will eventually move on. The real opportunity to provide a place for those people to rebound and connect with people who share thoughts in more than a couple grunts or phrases (e.g. sup, whre u at, miss u). This is typical of the world’s most popular social networking site.

I want to share with big media companies that my prediction is coming to fruition. MySpace will face a similar fate as Enron, or Arthur Andersen if they are not careful. This is also the reason that even Rupert Murdoch’s wife is having difficult time convincing the Chinese officials to allow MySpace to enter China. According to the latest piece on CNNMoney, MySpace is launching parental notice software to “appease government critics“. An emerging Spangy, site soon to be in alpha asks the question, what if MySpace had a ratings system? Good point. Would any of the 33 State attorneys general want even their 16 or 17 year old to participate on MySpace? Sixteen is the age they are trying to get MySpace to increase its age to from 14. The problem with this is that it does not address the remaining 15-17 year olds who are still defined as children and susceptible to predators, and other manipulators and scamster–despite having one’s profile set to private. The fun of MySpace is meeting new people supposedly and not necessarily the same people you spent 8-10 hours with at school. What do you think?