Thursday, October 11, 2012

The proud Billion [286/365]

About 159 days after the world's largest Social networking website went public, we heard that FB hit a billion.
Well, Mr Zuckerberg, we hit that number a few years ago.

So what does this really mean for us? Does it really mean he has a billion people hooked onto FB?
Mark stayed clear of saying who and went FB hit the number perhaps because he knows it couldn't really be a billion yet. For those who read/watched his interview online, he came off as a person who rambled on.

That said, no one can deny how much FB is part of our society today. It feeds off our basic and primal need for intimacy and voyeurism. I know dozens of people who create fake accounts to stalk their ex'es. Having a facebook account is just as necessary as having an email address but when I read a recent newspaper article about how an increasing number of teens are becoming depressed just because their peers have more number of friends, or have more 'Likes' for the posts they put, I wondered aloud- How much is facebook doing to protect its younger members? An overwhelming majority say individuals under the age of 18 mustn't be allowed to use FB. But a look at the number of pre-teens and teens that are online and posting pictures and content will tell you another story.

But then FB may not have a billion yet, and this could be just a massive PR exercise. Let's face it, Mark is a ruthless businessman. For a company that likes to measure everything in billions, it sure has lost a lot of its sheen when its stock has lost over 40% since going public. The company is now facing angry stockholders and disappointed employees. He himself has lost billions and while the company tries to shift focus away from its failures, the real question will be- 

Can facebook really transform our lives beyond being just a distraction in our daily lives?

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