Social Media: The Most Overhyped Trash of My Lifetime

Just a few thoughts on social media because I don't want to waste much time on such a useless topic. 

I laugh when I hear these ridiculous estimates of Facebook being worth $10 to $15 billion. It's ridiculous.  It's not a real business. It has no competitive advantage. It has no original content. It's merely a fade, and a useless one at that. It's a website.  It's complete garbage. The only reason it's been successful is due to the lack of real competitors, as well as a herding effect. You might recall the hype behind Myspace a couple of years ago when it had no real competitors. Twitter is an even bigger joke, as is Linked In.