You know, I always thought that Second Life, Facebook, and MySpace were crap. I only got on Facebook recently because a friend invited me.
In the March 2008 issue of Creativity magazine, some advertising and design experts talk about the future. When asked what technologies have been over-rated, they said exactly what I thought they would: Second Life, Facebook, MySpace.
They mentioned that SL isn't an appropriate venue for advertisers due to the narrow audience, that people hate ads on MySpace, and Facebook has been rendered useless by its own "applications." So apparently advertisers don't like them any more. And if advertisers don't care, there goes the worthwhile revenue.
They also mentioned that user-generated content is over-rated in the world of advertising. But here at NG, it's still good. There's a reason to keep coming here!
Emi
Facebook and Myspace are completely overrated, and I've never even heard of Second Life.
Not to mention Hi5...