Dot Com Burst 2.0
When I searched on “Dot Com Burst 2.0” (with the quotes) (in Google) there were two results, one of which led back to The Register – where I had seen the phrase coined by Chris Morrison.
This all stems from an article about Facebook and a few other social sites crashing any time soon. To quote The Register, here are a few facts:
Five per cent fewer people in the UK visited the site in January compared to the previous month. A total of 400,000 seem to have become bored with the social network and didn’t bother to return.
Similar drops in interest have hit Facebook’s competitors. Bebo has seen an eight per cent drop in UK users since October.
MySpace, meanwhile, has seen 14 per cent of UK users desert it in the last three months.
Google, the undisputed motherbrain of flogging ad space online, says it has yet to find a way of turning the News Corp site’s traffic into dollars.
Despite my lack of interest in Facebook recently, I just uploaded a whole gallery of images which felt oddly good – like I was reminiscing with friends. However, saying that I’m still trying to ignore the 56 invites calling for my attention …
