Comments on: The Magic Formula for Making Social Networking Sites Profitable http://thegospelcoalition.org/blogs/justintaylor/2010/01/04/the-magic-formula-for-making-social-networking-sites-profitable/ Between Two Worlds Sun, 12 Feb 2012 03:46:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: chris http://thegospelcoalition.org/blogs/justintaylor/2010/01/04/the-magic-formula-for-making-social-networking-sites-profitable/#comment-55947 chris Mon, 04 Jan 2010 20:36:16 +0000 http://thegospelcoalition.org/blogs/justintaylor/?p=7536#comment-55947 Social networking sites are phenomenal free sources for announcing events and other news items regarding projects or products. They may not generate revenue in and of themselves, but they are powerful tools that have democratized advertising for the little guy. Social networking sites are phenomenal free sources for announcing events and other news items regarding projects or products. They may not generate revenue in and of themselves, but they are powerful tools that have democratized advertising for the little guy.

]]> By: Sam Yates http://thegospelcoalition.org/blogs/justintaylor/2010/01/04/the-magic-formula-for-making-social-networking-sites-profitable/#comment-55945 Sam Yates Mon, 04 Jan 2010 20:22:17 +0000 http://thegospelcoalition.org/blogs/justintaylor/?p=7536#comment-55945 I saw the disconnect people have in their relationship to sites like Facebook summed up nicely on a Slashdot post one day. The exact wording may be off, but to paraphrase: Remember, you are not Facebook's customer. You are the the *product*. It really helps to keep that in mind. I saw the disconnect people have in their relationship to sites like Facebook summed up nicely on a Slashdot post one day. The exact wording may be off, but to paraphrase:

Remember, you are not Facebook’s customer. You are the the *product*.

It really helps to keep that in mind.

]]> By: Mike Garner http://thegospelcoalition.org/blogs/justintaylor/2010/01/04/the-magic-formula-for-making-social-networking-sites-profitable/#comment-55940 Mike Garner Mon, 04 Jan 2010 19:37:24 +0000 http://thegospelcoalition.org/blogs/justintaylor/?p=7536#comment-55940 Lanier manages to be critical about just about anything that the internet has to offer. He isn't necessarily wrong on everything, but the incessant hyperbole and pessimism grows tiring. "He does propose a solution to the difficulty of how to compensate artists, artisans, and programmers in a digital era: a content database that would be run by some kind of government organization." If that is really the best solution he has to offer, then we can rest assured that his ideas will never have a meaningful impact on the Web 2.0 landscape. Lanier manages to be critical about just about anything that the internet has to offer. He isn’t necessarily wrong on everything, but the incessant hyperbole and pessimism grows tiring.

“He does propose a solution to the difficulty of how to compensate artists, artisans, and programmers in a digital era: a content database that would be run by some kind of government organization.”

If that is really the best solution he has to offer, then we can rest assured that his ideas will never have a meaningful impact on the Web 2.0 landscape.

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