This was an interesting enough read as a review of failed Facebook initiatives (which I had largely forgotten about) to be worth an upvote. There is a sense in which I am not particularly worried about Facebook's future, because I've never thought Facebook had a future as an industry-dominating company. (Disclosure: I spend a LOT of time on Facebook and was there talking to a Facebook secret group of good friends just before coming here.) My prediction about Facebook has been boringly predictable for a couple of years here on HN: "Facebook will go the way of AOL, still being a factor in the industry years from now, but also serving as an example of a company that could never monetize up to the level of the hype surrounding it." I used to see friends on AOL. I never felt an obligation to help AOL monetize just because of that. Networks are a dime a dozen. Right now, Facebook is a very convenient network, and I like it. I do not predict that Facebook will make a lot of money because of users like me.
