I'm a little curious about the revenue issue here.

Let's assume that Facebook really does have 80 million users plus millions
visitors without accounts. (http://is.gd/2Y6d)

These people spend lots of time creating a map of their social network,
taking tests wherein they describe their preferences, interests, etc.
Additionally they share information with each other about what they're
doing, what they're interested in and what they dis/like.

Now, lets's assume that this takes place on a massive scale and wager that
there are one hundred million conversations taking place on Facebook every
day. I'll bet you can cull some valuable data from this massive chatter box.
Instead of waiting for the next Gallup poll or Synovate Monitor, you could
have access to a large, live data stream of preferences, opinions and
behaviors.

According to its business plan, Google aims to create value "By organizing
the worldʼs information and making it accessible and useful". Several pages
later, they explain more truthfully that they do it "By providing
advertisers with the opportunity to deliver measurable, cost-effective
online advertising that is relevant to the information displayed on any
given page".

In my view, Facebook is an elegant ruse. On the surface, it's a "social
utility that connects you with the people around you". Further down, it is
more likely a machine that motivates regular people to connect, converse and
share, and finds a way to extract valuable data from the millions of ongoing
conversations.

- Fredrik
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