I love this video.  It reminds me of what I said about Facebook months ago. When people my age take over, the target audience may soon disappear. 

Sorry to take a funny video and turn it into a serious post, but recently I heard the term Web 3.0.  In case you aren’t familiar with these terms, Web 1.0 was the first wave of the Internet.  In that phase, the Internet first learned to make money on websites such as Amazon and Yahoo.  Then came Web 2.0, with sites such as Facebook, Myspace, Twitter and YouTube adding flash and opportunities to connect with others.  The problem has been trying to find a way to make money with these sites.  That fact alone may usher in the next phase of the Internet, Web 3.0. 

Personally, Facebook and Twitter have proven to be great resources for doing ministry, but if they never figure out how to make a profit, I’m not sure how long they will be around. The best potential for Facebook seems to be to sell the information you load on your page to other businesses so they can better market you, but when they recently changed their terms of use allowing them to keep that information if you delete your account, the users revolted and they reversed the policy. 

So, it all makes me wonder:

What do you like/dislike about Facebook? 

Would you pay to use it if it wasn’t free?

How do you think Facebook could make money? 

What do you think is next in the world of the Internet?

Related posts:

1. The Value of Facebook and Twitter Combined
2. Facebook Buys Friendfeed (Threat to Twitter?)
3. How Are You on Facebook so Much? (And What is Twitter?)
4. Facebook Redesigns their Redesign
5. Changing Your Facebook Username