Facebook

I know its been trashed to death before but really has anyone noticed how Facebook has been devalued over the last couple of years? Its gone from a general ‘keep in touch’ model to a few avid posters protesting way too much about how good their life is, or how smart they are.  All this whilst the owners of the business figure out more complex and sneaky ways to extract personal information from the users and sell that information. 

In the tech world, this year’s star can very quickly become next years’ footnote in history. Some fail outright, like Wang Computer, Compaq, Napster and DEC etc. Others just fade into single digit obscurity like MySpace, AOL, Geocities & Netscape. My bet is on Facebook to join them – they just don’t have the mojo to get this right.