Tuesday, April 8, 2008

The Future of Social Media

The future of social media has recently been challenged, and it got me thinking, how will social media fit into my life when I get old. Yeah old[er]! I have grown up with instant messaging, writing blogs, Facebook, MySpace, and niche social sites. Participating in online social conversation and media sharing is a daily activity, and my current lifestyle allows for that. But, what happens when I graduate (initial Facebook users are getting ready to purchase their caps ‘n gowns)? Or when I get get my first job (LinkedIn is more static than social..)? Or when I get married (yikes!)? Have kids and only hang out with my friends once a month at dinner parties? Where does the social media that I am used to fit into my future lifestyle? I agree that Facebook is not the end all be all online social medium that I will use to connect with my friends, but what will the future (next 5-8 years) entail for social media early adopters? I don’t think Twitter is the answer either. The solution currently doesn’t exist but I will bet you approximately twelve dollars that the first person/company to nail that down will experience market share and revenues larger than they would ever expect. Don’t underestimate our love of social media. We love sharing and we’ll continue to do so in the future, but not with current social networks. So who’s ready to give us what we’ll need in five years? READY … BREAK!

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