Facebook Is to the Power Company as … – NYTimes.com
Some experts argue that Facebook has grown so large that it is nearly impossible for a viable alternative to emerge, despite the presence of other social networks. Facebook gains data from each additional participant, growing more useful as it expands. This makes it progressively harder for users to leave, an economic principle known as lock-in.
Interesting NY Times article about how Americans feel better about doing their taxes online than posting updates on Facebook. I find that hard to believe as no one is forcing anyone to post updates . . . whereas paying taxes is not exactly a choice. I do think that Facebook would be hard to compete with in the social networking market though. I have been paying attention to a lot of the ads on TV lately that have a little “F” implying they have a facebook page. They promote it as they would a website address.