Social Media and the ‘Know-It-All’ Culture

Social Media and the ‘Know-It-All’ Culture

Some would say it’s great that social media gives everyone a voice. Others would argue that it leaves everyone open to abuse. There’s no doubting that trolling is an issue. And bad language is for the most part just that: bad language that only reflects badly on the writer. No-one wants online censorship. On the other hand, there’s something of the Wild West culture about the Internet – and the predominance of social media only serves to exacerbate that. We see social media at its worst in moral and political debate where there are plenty of half-baked ideas and opinions on display. Yet who am I – or anyone else for that matter – to say what’s right or wrong? Doesn’t everyone have the right to disagree? And if we don’t like the cut of someone’s jib, why don’t we simply ignore them rather than becoming embroiled in an online slanging match? Despite what the world beyond the Appalachians may think of Donald Trump, hasn’t this man given a certain legitimacy to using Twitter? He claims it’s his way around the dissemination of ‘fake news’. Roll up folks and read all about it: Trump-style. Maybe it’s just me, but it looks suspiciously like there’s been an increase in the number of British politicians taking to Twitter. Like everyone else, they know you can poke your head above the parapet, fire a few salvoes, and then retreat to your trench. Yes, it’s all a bit cowardly (like the online bullying that’s rife among school-age children). Of course, we can all choose to ignore social media but it’s become such an... Read more...
Why I’m not going to buy “shares” in Facebook

Why I’m not going to buy “shares” in Facebook

It’s nearly two weeks since Facebook was floated on Nasdaq. Things started so bright for Mark Zuckerberg and his “beloved” Facebook, with share prices starting off at $38 a pop catapulting Zuckerberg into the world’s rich list, valuing Facebook at $104bn. Since May 18th (the date Facebook was floated) there have been numerous events that don’t bode well for the future of Facebook. It started with GM (General Motors) dropping their Facebook advertising campaign, followed by Facebook share prices dropping on a daily basis to an all-time low of $29 yesterday (May 29th). Is Facebook Really worth $104bn? Personally, all the hype surrounding the Facebook flotation never got me excited. The obvious question is: How can Facebook be valued at $104bn? Despite the company’s attempts to generate profit from “Facebook ads”, it can’t be enough to justify the $104bn price tag placed on the company. I mean, do people actually click on Facebook ads? Developing countries don’t even use Facebook! Well not quite, but developing countries don’t seem to favour Facebook. Instead, they opt for what, to us, seem like obscure social networks. For example, in India we see that Orkut is the market leader in social networks; in China a little-known (to us in the West) social network called Qzone has over 388 million users; and again, in Brazil, we see Orkut dominating. These are three of the world’s fastest developing countries and judging from this evidence, Facebook has failed to capitalise on this. There are now serious competitors to Facebook out there Only a couple of years ago Facebook was a operating in a monopolistic market.  MySpace was... Read more...