who thinks Facebook will disappear in 5-8 years. If that were to happen it will only further reinforce what Joseph Schumpeter identified as 'creative destruction'
You see, the problem in consumer value creation is its susceptibility to radicalisation. Meaning, socialising on the web may be big for now. But there's no guarantee that's way it'll be in the future. Eric Jackson's got a point in stating Facebook's 'mobility' problem
. There's merit in admitting this problem could even threaten Facebook's existence.
The biggest problem for current consumer creators is the upstart who's gonna come out of nowhere to create enhanced, but more importantly radical value that'll bankrupt existing value propositions. That's the kind of risk Facebook currently faces.
You can bet on that.