Jeremy Wright has done a great analysis of the Myspace phenomenon. Jeremy says that ‘MySpace is the New Blogosphere’,kind of Blogosphere on steroids. Two of his points are specially ‘lookable’.
Point1
(There are) about 30M Myspace Accounts vs. about 100M (Blog Accounts). More of them are started every day than blogs (about 250,000 vs. about 100,000). There are more posts per day being made on MySpace than on all blogs combined (about 1.5M vs about 1.4M).
Point 2
In April, MySpace will become the most trafficked site on the planet. By the end of the year, MySpace will account for roughly 10% of all web traffic and, by the end of 2006 (if growth and acceleration curves maintain), it will account for about 40% (accounting for a plateau, because realistically we can’t have more people on MySpace than are on the entire web.
I have some questions:
1. What are the demographics of Myspace? If most of them are teens what guarantee is that they will update their space regularly as they move on in life?
2. Bloggers need better tools. When will us normal bloggers have the same seamless integration capabilities that Myspace has? Are Blogging Platforms and tools like Technorati behind the curve? There is too much Tag-spam out there in my humble opinion.
3. Wouldn’t it be cool if the all the blogging platforms worked effortlessly with each other, making data organization easy?
4. What if Google did less of its Beta versions and brought fully integrated versions of its Google Base and Google Pages services ASAP?
5. Finally, what is this thing with hype? First they start talking against the scourge of ‘Walled Gardens’ and the next they are talking it up. Someone might soon point out that Myspace is nothing but an upgrade of AOL cum Geocities.
