Friday, April 24, 2009

From GeoCities to MySpace, another side of Web Evolution

Recently, there are two news, seemly unrelated but actually told a common story, that have been buzzed over the Web. The first is that Yahoo is shutting GeoCities down. The second is that MySpace is in trouble, if not dead yet. The two news show us the progress of Web evolution on another side.

GeoCities and MySpace are nearly identical to each other according to Web evolution. In fact, MySpace is GeoCities 2.0. GeoCities offered the Web-1.0 generation a free place to set up their homespaces in Web 1.0 as well as MySpace offered the Web-2.0 generation a free place to set up their homespaces in Web 2.0. Despite the superficial difference between the two sites such as their graphic layouts and embedded services, they share a common mission and march on the Web in the identical way. The role GeoCities played in Web 1.0 is exactly the role MySpace plays in Web 2.0. The rise of either of the sites represented the rise of a particular stage of the Web (respectively Web 1.0 and Web 2.0), while the decaying of the sites represented the sunset of the respective stages.

As how GeoCities decays, the problem of MySpace is the same. GeoCities has never figured out a way to enter a new age, especially after it was acquired by Yahoo. Yahoo had proved itself a resistant of Web 2.0 for long time. In similar, MySpace is lost in Web 2.0. After it is acquired by the News Corp., the future of MySpace becomes dim. It is unquestionable that the leaders of News Corp. know how to make money. What these executives do not know is, however, that to a cutting-edge Web service, losing the ability of continuously evolving on the Web equals to be dead. A dead service certainly can make money no longer no matter how superior it is managed. History, again, shows us how repeatable it is disregarding the "smartness" of human beings. We cannot be against to the objective laws! And this is why the research of Web evolution is truly valuable.

4 comments:

saran said...

top 10 sites of the pages views of Sep 2008
Myspace still in the first place
1 MYSPACE.COM 40,340
2 YAHOO.COM 36,347
3 GOOGLE.COM 17,885
4 FACEBOOK.COM 14,312
5 AOL.COM 12,311
6 YOUTUBE.COM 11,001
7 CRAIGSLIST 9,967
8 LIVE.COM 8,617
9 MSN.COM 7,582
10 EBAY.COM 6,099

Source: COmScore

Yihong Ding said...

Saran,

you are right. Certainly MySpace 2009 does not equal to GeoCities 2009. But how about MySpace 2009 with respect to GeoCities 1999. You know, at 1999 GeoCities was No.5. This is what I mean to discuss the issue with respect to the evolution of the Web.

Yihong

saran said...

Yihong,
I see your point.
I think Yahoo should have focused more on GeoCities and upgraded it with respect to time, still Geocities is the 60th most-popular website in the world. its not bad.

User generated content(UGC) is not cheap. but yahoo has to close the service to cut down the cost (due to strong competition from Google)

in 90's people didn't know about advertising business model, I think myspace can survive better than GeoCities. The real challenge for News Corp would be keeping the users engaged.

Yihong Ding said...

Saran,

I agree to you that MySpace should have learned the lesson from GeoCities and Yahoo. Hence it may have better chances to survive.

On the other hand, however, the subscription business model at 1999 is similar to the advertising business model now at 2009. Both of them are once very much successful but gradually becoming less and less profitable due to too many competitors. Hence I doubt that whether MySpace can sustain just by improving this advertising business model. What MySpace really needs to do is to explore some new models as Google finally figures out the soul of the online advertising business model during the dot-com bubble.

Yihong