A couple of years on, I am still trying to figure out the value of FB. Now that it's a public company with a current market cap of some $70B, it's pretty hard to discount the reality of FB as a presence in the lives of individuals, especially those under 40 years old. And of course the fact that corporate entities are also "persons" in the FB realm is another reason to take FB seriously. But what redeeming social or economic benefit accrues from the bazillions of hours spent by people revealing every idiotic thought or image on their respective pages?
In the past few days I have spent a couple of hours Facebooking. After trying to make sense of what I encountered, I returned to read a few chapters of Moby Dick. Comparing the two experiences, it strikes me that I have retained much more from Moby than FB.
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