Google+

Thursday, September 11, 2008

Social Networking Monetization

The last few weeks have been spent on investigating the above subject - it appears to be the Holy Grail of Social Networking and Commerce today. The Stanford Facebook Class threw up some interesting learnings as did the various efforts. I am making the following conclusions from the recent learnings:
  1. Web 2.0 and Social Networking will break the barriers for information access! All knowledge will move to public domain. We are in the midst of authoring all the kwowledge we have till date as content in various media formats onto the Web. Information will therefore loose valuation over a period of time!
  2. Value will move away from Information to the Services linked to the Information.
  3. Monetization of Web 2.0 will slowly move from Information/content to the Services that will spawn the availabilty of low cost information.
  4. There is a possibility that one day Information will move down the Value Chain while the corresponding Services lderived from the Information will gain Value. Sort of Deja Vu!
This trend will continue till a new technology intervention occurs to provide Information in a new dimension, possibly, with Collaboration.
Only time will tell!