Oh no, Facebook is something new and unique. Otherwise one couldn’t monetize it. It’s just not IT.
Steve Jobs told his biographer: “We talk about social networks in the plural, but I don’t see anybody other than Facebook out there. Just Facebook, They are dominating this. I admire Mark Zuckerberg ... for not selling out, for wanting to make a company. I admire that a lot.”
Facebook is not just unique, it’s a natural monopoly. You can’t copy it. Once there is a Facebook, there is no room for a Facebook competitor. Microsoft coppied Macintosh with Windows, iPad with Zune and Google with Bing. But there is no clone of Facebook, because Facebook is not a technology. It’s a network that lives on the amount of user data. Only after millions of users have entered their personal data a social network becomes a thing. And they won’t do it twice.
[doublepost=1544140845][/doublepost]Nope! The New York Times produces news. They switched from paper to silicon as a means of transportation. But their product is still knowledge of the most recent world events. They are not selling IT. Never have and never will. If the New York Times is a tech company now, then what it was before is a paper company. Not a newspaper, just paper.