Social Networking

Over the past few years, social networking as evolved from a mom and pop into a super corporation. At first it was mainly used by teens and college students, but now you can find almost anyone online. One of its biggest new users at this point of time is business owners. Chuck Hamilton, from IBM’s 3D Internet Division, state that the “Virtual social technologies reduce the cost of doing business. You can pull together an innovation very, very quickly by leveraging thoughts and expertise from around the world.” By using virtual social network business ours can advertise, market, sell, and even get raw feedback from their direct customers by from chats room. Claire Miller believes that” it’s a tool for businesses to reach customers and monitor what their customers are saying about them” (NY Times). When we think of online, the possibilities are endless. In the future, more and more companies are going to build virtual worlds and charge users money to use their virtual businesses and products.

                On the other hand, online competition can be unfair or unethical. In Claire chain Miller, NY Times article she enlighten how Facebook tried to acquire Twitter, after it didn’t work out , they have been gradually introducing structures that mimic Twitter. To me this is unfair because twitter is in a different field than Facebook. Facebook is just trying to take over their market, by impersonating twitter. If Facebook want to compete be different.