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Wednesday, July 21, 2004

Esther Dyson on Social Networks: The Good and the Bad

Release 1.0's Esther Dyson examines the promise - and confusion - around social networks such as LinkedIn, Orkut and Plaxo in a useful article that appeared on July 15, 2004. She makes a great point:“In the end, the value isn't how many people you can link to, but rather how strong those links are. (There's a difference between business services such as LinkedIn, where the focus is mostly on increasing efficiency and limiting contacts to valuable ones, and the more social and would-be portal sites, such as Friendster or Orkut, where the focus is more on increasing the number of contacts. And, of course, some people use either kind of service for the opposite purpose, which only confuses things.) Esther Dyson adds,"I went to the Plaxo site and there are over 2,500,000 members and counting with over 800,000,000 connected contacts. Soon they will pass the number of blogs. What does this mean?" Very interesting insight.
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