November 2007

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Well things certainly are getting frothy around here, aren’t they? Facebook is “valued” at $15 billion, Google is busy dismantling every industry they can find while the stock races to $2000, Apple is scaring the pants off the content “creators” all while shipping a stinkin’ cell phone and Microsoft just had their best quarter ever. (Fun fact: MSFT had more profit last quarter than GOOG had revenue. Feel free to read that twice.)

Goodness! We’re clearly in a Bubble right? I mean, we’ve been talking about this Bubble 2.0 stuff for the last 2 years. Well, I’m callin’ it out right now; the statute of limitations has just run out on the term Bubble 2.0. We’re not in a bubble folks, move along.

As of November 14th, 2007 I’m asking that people stop referring to the current state of affairs as a bubble. Failure to do so will result in me taking a sharpie to all of your Threadless tees.

KTHXBYE.

Google launched OpenSocial last week to much acclaim and oodles of press. So much talk and noise was generated that I think the real ramifications of this announcement have gotten lost.

Firstly, the net of this is that its really good for consumers. The OpenSocial API’s will make it easier for users to move from site-to-site, find their friends, turn friends into zombies, talk smack about being a pirate, etc. Its a “new” platform and as such it’ll get hacked and bugs will have to be worked out but at the end of the day, this is a huge win for users; real users of the Internet.

Now, let’s take a step back and see what is really happening here. We’ve got a whole list of social networking sites (pretty much everybody but Facebook) that have agreed to participate in supporting these new API’s. The gist is, each of these sites will be exposing data about their users, relationships and events all in easy-to-reach URL structure. As a developer I’d be super stoked about this. I can build applications that take advantage of this newly exposed data quickly and easily. Hoorah for me. Guess who else is super excited about this? Google.

Its funny to me that people forget that Google is an analytics company. Google takes oodles of data and sifts it down to help you find what you want quickly and easily. Phrased differently, Google takes all kinds of public endpoints, does some fancy math on them and distills it down to something users need. Now, what if you had public endpoints for social networking data that could then be crawled? Wow. That’d be pretty sweet if I were Google. Now I can use my giant data centers and crawl the world’s social networks and build the social graph and tools to access that graph making life easier for consumers to find their friends, see what they are up to, etc.

Let me restate that last point because its an important one; Google now has the means to crawl social networking sites delivering a “PageRank”-like service for social networks. Remember when search was dominated by AltaVista? I do (yeah, I’m that old). Then AltaVista decided to try and monetize like crazy and the experience sucked. Well, Google came along with some good, smart technology that solved a specific problem for me. I was hooked and they didn’t screw it up. My bet is they will do the same thing for social networking. They won’t build the sites but you can bet they will be the place you go to look for “what you’re looking for”.

The big question here is, if I’m a social networking site, why on earth do I support this? Well, Google is smart in this respect. I’m not one for conspiracy theories but the last couple of weeks/months have been interesting for Facebook. In fact, while Microsoft was courting Facebook, rumor was so was Google. Did they do it in hopes of getting access to that advertising platform? Or was it to build up a frenzy around Facebook such that they could use it to their advantage? Of course other social networking sites are nervous about Facebook. They’ve got $250+ million in the bank and are getting ready to grow like gangbusters. I would be nervous if I was any other site as well.

If I’m an OpenSocial enabled site, what distinct advantage do I have or any other social networking site? In one day Google has single-handedly commoditized the social networking scene and the best part is that everybody did it willingly. No long standards slog, no talk of “trust us, we’ve done this before”. With the heavy undertones of “we must stop Facebook!” Google has delivered a platform that will push them well beyond $2000/share and into the realm of “the next Microsoft”. Well played Google. Well played.

I’m not knocking Google here. I love this stuff. Open always wins and Google is showing that like no other. I hate that I have to have profiles on a gazillion social networking sites and honestly, I trust Google with more of my data than just about any company. This had to happen sooner or later and Google has taken the existing market atmosphere, its leadership in being more “open” than others and launched something that no one can ignore. Not even Facebook.

About

This is the blog of Scott Kveton, digital identity promoter, open source contributor, avid gardener, passionate pizza maker, loving husband and proud father. Read More ...

Also Known As

Once or twice in my life people have mis-spelled my name (I know, its a shocker) ... you may have seen my lastname appear as any or all of the following:

Kverton • Kvelton • Keaton
Rueton • Kreton • Kventon
Kevton • Kevin • Smith (true story)
Kueton• Kvetan• Keveton