Interesting article but I respectfully disagree with pretty much every point:
- Every Social Network came out of a nice. Facebook started at Harvard, then captured universities, then young people, then older ones, etc.
- The app market might have hit a plateau or even peak but wait until better AR technology (devices or apps) come out and the trend will change very quickly. Pokemon GO was a little taste of that.
- Snapchat got successful because younger people didn’t want to be on Facebook, where their parents are. The reason they’re failing right now is poor execution. Their app just sucks, amongst other issues.
- More and more people are getting access to the internet, mainly through mobile phones. Think of third world countries, especially. That will further push the app market.
- As more and more people come online, we’ll see more niche social networks. People will want to be on THE big one and on a couple of smaller ones. We might see social networks for jobs or countries or religions.
- The time people spend online is going UP, not DOWN. Our biggest fight nowadays is not productivity because we never had more apps or access to sources of knowledge. It’s focus. And that fight will become harder with devices that will bring us online (think watches, glasses, etc.).
There has never been a better time to start a social network than now.