I agree almost entirely. Google's strategy seems to be to lower transaction costs of participating (in this case, integrating their extensive existing services under one login and making data completely portable). But FB has locked up considerable value, and I think people will continue to find the transaction costs worth it for a while longer.
Whenever I hear the phrase "player A is player B killer," the killing never happens. Also a similar metaphor; stopper, stopping never happens either.
ReplyDeleteThe reason for Facebook's possible decline in the future is people's interest in the social network, not Google.
I agree almost entirely. Google's strategy seems to be to lower transaction costs of participating (in this case, integrating their extensive existing services under one login and making data completely portable). But FB has locked up considerable value, and I think people will continue to find the transaction costs worth it for a while longer.
ReplyDelete