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Thursday, May 29, 2008

Dot com revisited?


The presentation in my previous posting will need to be updated with some of the stuff from this FT article.

It appears that the "widget economy" has no sooner been predicted than it looks destined to disappear. In their entirety, widget makers are generating only about $40m in annual revenue. If you have no idea what I am talking about then don’t worry. It is a mega trend that has come, gone and will soon be forgotten – maybe.

Widget-blues is all part of the depression that is descending onto the social networking scene.




The old Gartner model (see above) illustrates what has happened. Social networking is on the fast decent into the “trough of disallusionment”. That doesn’t mean it is finished, rather that it will now be judge by real, rather than silly measures of success. The one thing that you can be certain about is that when social networking emerges into the sunny plains of the “slope of enlightenment” it will have few similiarities to what we know today. Dick Stroud

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