Social Networking Is Over

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I have often said that travel, while sometimes laborious, is also a good time to reflect on my own business but also on Internet doings.

I happen to be finishing a long weekend to Italy for a wedding in the Puglia region. I am about to head back to New York City.

On the flight over I read about the 1000th article on social networking. Earlier in the week I heard about the 1000th proposal for a new social networking site.

Based on my observations of Internet history (for me going back to 1990), once you start to become numb from an Internet concept, it probably means that the concept is about to die. I could be wrong, but don't bet the ranch on social networking concepts.

Most do not make money today and never will make money.

Another way you can tell it might be over for social networking is that more and more large media companies are jumping into the social networking game. This is a sure sign that I might be correct.

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