Can Facebook fail?

It seems that Facebook fatigue combined with the sudden re-discovery of basic concepts such as "privacy" are weighting down on Facebook's exponential growth. While I am not cheering for the demise of the platform that allows me to stay connected with otherwise too loose connections to bother sustaining, I am of course concerned about who gets hold of my status updates. And it seems that I am not alone. The BBC is running a good article summing-up why Facebook should worry and highlights a number of promising alternatives such as Diaspora.

Social networks urged to 'raise ad rates or die'

"Datamonitor's Business Insights study predicts that charges for advertising on social networks will have risen steeply by 2015 (...) the report predicts social networks will only make £4.14 per user per year (US$6.03)". Looking at the backlash against Facebook's move to make its platform more advertiser friendly, fair to say that it will be a tough battle to convince users to gobble more ads and let go of more personal data, and to convince advertisers of a premium ROI.

Full article on Brand Republic.