Google Friend Connect
By now most of you probably have heard about Google's latest assault on the social network front: Google Friend Connect. It promises every Webmaster and site designer the addition of social features to his or her website with minimal effort. No server software to install, zero configuration, and no programming required, all one has to do is to embed snippets of code provided by Google on the target webpages. Once the Google Friend Connect becomes part of your site, users of Facebook, Orkut, Google Talk and other compatible social networks can start interacting on your site engaging in various social activities.
This is indeed a great boost to small/independent site developers. It is also an exciting time to many social network observers: No one is too surprised that Google, being an uncharacteristic underdog in this realm, attempts to disrupt the marketplace with an open strategy. But considering that MySpace also announced its Data Availability, followed by the Facebook Connect revelation, the data portability movement seems finally gaining steam and heading toward realization. So what would be the implications of meta social networking?
The "Long Tail" phenomenon may become even more pronounced
Chris Anderson's The Long Tail article on Wired Magazine illustrated the power of niche communications tailored to personal tastes and interests. Ubiquitous social networking features have the potential to penetrate each and every imaginable niche markets. The "tail" would only get longer and fatter.
Social networks may gradually turn into a commodity
The long decline of the PC industry is well-documented. Over the years, the PC market has transformed from one filled with unique products to a low-margin business selling undifferentiated generics. Should the personal data on social networks become fully (or close to) fully interchangeable, it'd be very difficult to prevent the eventual commoditization.
Valuations of social network companies may start to deflate
While no one took it seriously when the MySpace's ousted founder Brad Greenspan declared the valuation of his creation to be $20 billion, YouTube was indeed sold for $1.65 billion and Rupert Murdoch also said MySpace might be worth $6 billion. The climax came when Microsoft paid $240 million for only 1.6% share of Facebook, effectively giving it a jaw-dropping $15 billion valuation. If the aforementioned commoditization of social networks starts to take place... watch out.
Fang-Yu Lin





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