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Facebook-A Passing Fad?

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There have always been people who resist change. The automobile replacing the horse? Never! The cell phone? A temporarily trendy device. Now, according to an AP-CNBC poll, it appears that 50% of Americans think Facebook is also a passing fad. There is  a sharp difference of opinion between younger and older users.

Most of the 56 percent of the country that’s on Facebook is young—two-thirds of Gen X’ers and a staggering 81 percent of people 18-35 use the social networking site. Conversely, it’s the rare senior citizen on Facebook: Just 21 percent have an account.The public overall is similarly divided on the company’s future. Just under half of adults (46 percent) predict a short timeline for Facebook, while 43 percent say it has staying power.

via Poll: Half of Americans call Facebook a fad – San Jose Mercury News.

Wall Street is betting on it to have staying power as the Mark Zuckerberg created company is expected to valued at $100 billion dollars when it goes public this week. That is a whole lot of “Likes”.

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