Social Media: Stick A Fork In It

Let me make one thing clear before I start: It’s not that I’m saying ‘social media’ is going away, as in no longer will be around or, will not have any use or value going forward. What I am stating is this: Everything that you’ve been told, as well as sold, about social media as it is currently argued and used, along with why the companies or platforms that supply it (i.e., the Snapchat, Facebook Twitter et al) should be valued not just mere $Billions, but rather $10’s and $100’s of Billions is over. The signs are there for anyone paying attention…
The only ones (in my opinion) that have yet to grasp this are: the ‘experts’, fund managers, and analysts still telling, and selling its ‘So worth it!’ drivel. Because, as I implied above: the signs are everywhere for those willing to look for themselves rather, than waiting for some ‘news flash’ appearing in their ‘social feed’ or ‘groundbreaking development’ via the main stream business/financial media.
Hint: Remember when all the media went crazy touting why everyone needed to be on, and read their ‘expert’ commentary on LinkedIn? You know, right before its stock value suddenly plummeted facilitating the need or rescue via Microsoft for its very survival? It’s a point worth remembering for context.

This post was published at Zero Hedge on May 24, 2017.