Techemistry Blog

Facebook, Amazon, and Google going the way of Rome?

1/28/2013 8:18:00 PM -- Ted Krapf

<p><span style="font-family: arial;">I just ran across an <a href="http://gizmodo.com/5979555/why-facebook-apple-and-google-will-fall-like-the-roman-empire" target="_blank">interesting article on Gizmodo</a>&nbsp;that cited&nbsp;<span style="font-size: 13px;"><a href="http://www.guardian.co.uk/technology/2013/jan/27/facebook-apple-only-way-is-down?CMP=twt_gu" style="margin: 0px; padding: 0px; vertical-align: baseline; text-decoration: underline; color: #3697b3; line-height: 22px;">John Naughton at the Guardian</a>'s </span>story about dominating e-giants eventually out living their dominance and becoming irrelevant in the market. &nbsp;I thought both were fascinating articles.</span></p> <p><span style="font-family: arial;">It always teases the back of my imagination. &nbsp;I agree with Mr. Naughton that eventually a giant like Facebook could easily fall due to it's privacy balancing act swinging too far towards the favor of shareholders and advertisers. &nbsp;At the same time, I seems like at least once a week I see a Google+, or Path, or new MySpace, or other social network pop up that promises privacy and social media reinvented. &nbsp;I do not seeing any service that is currently live making a noticeable dent in Facebook membership (cough, Google+), but it doesn't mean that it couldn't happen. &nbsp;Simply look at what happened with Kodak and the introduction of the digital camera.</span></p> <p><span style="font-family: arial;">The facet of this story that is really exciting to me is innovation. &nbsp;While companies like Facebook, Google and Amazon race every day to stay relevant, I'd wager that there are 100,000+ others looking for that better online social experience, a better way to search, a better way to shop, and just a better mouse trap in general. &nbsp;All of those bright minds and ideas inside the giants, and outside the giants are constantly striving.</span></p> <p><span style="font-family: arial;">While some days an Entrepreneur,&nbsp;&nbsp;like myself, can be easily discouraged by what others have done. &nbsp; But we all have to remember there are likely countless and exciting niches that a simple idea could wedge into that could potentially unseat a giant.</span></p>

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