I recently read Eric Jackson’s article at Forbes.com where he lays out an interesting argument by tech intellectuals about the possibility of both Google and Facebook disappearing from the web in 5 years. And when I say gone, I’m not saying “out of business gone”, just gone like MySpace.
He makes an interesting argument about the theory, that success on the web is determined in part by when you we’re born. As he describes recent internet history, each succeeding generation brings subtle changes to the web and technology that prior generations can’t seem to wrap their heads around, or adapt to. Older Technology companies have difficulty shifting to a new paradigm. An example would be mobile companies, born into 2010, that view a world where mobile devices will be used 100% for communication and virtual interaction. They believe there will never be a web 3.0. To them, the web is dead. Yet web 1.0 and 2.0 companies are still unsure on how to adapt to this new paradigm. This also includes Facebook, – the master of the social world, who continues to lose money on mobile and is still trying to figure out how to make money on the web.
The long and short of it is…processing power has become cheaper and more powerful. The world of web monopolies is not as entrenched as one is to believe. Fortunes will be made by start-ups that create new ways of gathering information and adapting to ads in this new mobile world. The web world is still up for grabs. Companies like ours, will be in more demand than ever before. I encourage you to read the full article, just click on the link below.