@anandvy - Nice point about smartphone use. A big part of Facebook's purchase of Instagram was driven by Instagram's grasp of Mobile and viral sharing. Facebook has a lot to learn there and supposedly, they are learning from their new acquisition.
I know am a in the small minority of folks without FB.
Flyingscot, you are not alone even I dont use FB. I felt I was spending lot of time on FB and thus couldnt concentrate properly on other important works. I feel social networking sites always eats-up your time and thus reduces productivity.
Barbara, very true. I wish all the FB users especially the kids understands about the risks involved. I really hope schools/parents take up this task of educating the kids about these security risks.
Hi Andy: I agree that like everything else, the preference for Facebook, Google+ etc. is a choice, not a right, and it is all still open for debate. I have a number of opinions on fb (shocking, I know) but fundamentally, it is like everything else: it can be a tool or it can be very dangerous. The key is being informed and having judgment. Unfortunately, like so many things, it looks like the law or the government is going to end up dictating to people good or bad judgment regarding fb.
Barb's rulebook for Facebook:
1. Treat all posts as if your mother was watching/reading.
2. Treat all posts as if you were face to face with the person, place or thing you are discussing.
3. Facebook is not private, do not kid yourself.
4. Facebook is a publicly-traded business and as such now answers to shareholders, not users or customers. It is going to change big time. It is not your friend and does not care about you, no matter what the user rights/privacy notices say. Keep this in mind and you might end up using your best judgment in spite of yourself.
I know am a in the small minority of folks without FB. I know I should have it but resist it as a stand against "the machine". I liked your point about kids not wanting to be on the same "machine" as their parents so it could be a single gnerational thing. It is amazing what FB has achieved but I am not sure of its long term viability. Mind you....I know I am the odd one out here.
Anandvy, The bank knows many of the "likes" it will get will have funny motives but I think it is counting on increased visibility, which it is already getting, and the possibility of turning some Facebook "likers" into customers. It's a headscratcher!
The more Facebook Likes, the higher the interest rate.
@Prabhakar_deosthali, I think the logic doesnt work because its so easy to get fake Facebook likes. If you check any freelancing site you will see people trade "Facebook likes". Customers pay some nominal amount for 1k Facebook likes. Differentiating between geniune and fake Facebook likes is a big task.
@Prabhakar, I assume the bank is operating on the assumption that the more "likes" it gets, the greater the likelihood some of these people will check out its loan services, take loans, make deposits, etc., and the more money it will make. Many of the people who may "like" this bank may not be creditworthy, which defeats the goal.
Well put Jacob. What's Facebook, LinkedIn and MySpace without the gadget to access the sites or send your message. It's like preferring an airconditioning system to having a house. It's hot right now but a house is the first necessity.
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Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
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