Facebook Given Five Years to Live

Paul Lilly

Facebook, the world's largest social networking site, just recently celebrated reaching 500 million members, it's been the topic of a docudrama, and continues to make people rich. But according to digital consumer expert Jeffrey Coles, it's also living on borrowed time, Australia's News Online reports .

Cole reckons Facebook has another five years before its users start to migrate elsewhere, just as it happened to MySpace and Bebo.

"The same thing will happen to Facebook, but it's going to take a lot longer," Cole said. "And it's not going to be replaced by one big social networking community but it's going to fragment."

Cole's crystal ball didn't just predict the inevitable demise of Facebook, it also revealed a future in which few newspapers will survive, and that the iPad would reign supreme as the most popular tablet.

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