The online social media boom could potentially be a ticking time bomb for the next economic crash! This video explains why Facebook is a part of a false economy.
Ok, that is a little exaggerated but there is a problem with online businesses that don’t actually sell anything. They find their revenue from likes, retweets, shares and collecting personal information. What if one day the marketing and advertising companies all said actually we don’t need to advertise on your site, blog, video, Instagram post or tweet? Views and followers would go back to meaning nothing unless people are willing to part with their hard earned money to watch, read and enjoy your content.
With that said, that day may never happen. There is always some company that needs someone to bring awareness to its site or product. So gaining a large following will continue to make people and websites money… With that said keep following and liking our site!!!!!!
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Do you think the video is correct?
Please comment and share; challenge someone to think a little deeper