Social Media – Will the Bubble Ever Burst?

Social Media – what is is to you? Do you use it within your business?

From Facebook to Twitter, LinkedIn to Ecademy plus many others, there is a multitude of social media platforms these days, but will there end up being too many and the current social media bubble will burst?

From a personal perspective, social media is a very useful tool for a business if used correctly, but what worries me is are there too many social media ‘providers’ out there and when will there be too many to choose from? I am sure that the well known ones will remain for a long time, but some of the lesser known services may not last as long.

Surely this is a market that only has room for a certain amount of services, as it is currently difficult at times to keep up with what’s going on now, never mind in the future. I don’t think that the current bubble will burst, but of course new technologies will come along with new ideas when it comes to social media, therefore it will be interesting to see what will happen and what the next ‘big’ thing will be.