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All very good points - one thing I think is different is with LinkedIn we may be seeing the growth of just exploring connections and making them. However once a connection is made what else do you do on LinkedIn. I have a LinkedIn account and every so often a business colleague links to me - however other than being a big Rolodex - what else does it provide? I am sure that LinkedIn has a lot more value to others but to me it is one step away from and LDAP service.
Also I think if Facebook could get their act together and build a decent Ad server they would be seriously laughing all the way to the bank. Facebook is an awesome opportunity for CPC advertising, (speaking from recent and ongoing experience), all they need now is to hire some Googlers away from the Adwords team and they could make some serious cash.
Good post Nick.
I don't know if LinkedIn is up to the task. But it sure would be nice if the primary orientation of a social network was to map capacities of my network -- quickly and with really creative and functional search tools -- rather than to be excited about, instead, the number of connections I have and possible access to folk. I’m less interested in the Roladex (yawn) and more interested in the map of capacities.
That’s my two yuan.