Saturday, December 4, 2010

Facebook will save the world

I knew Facebook had already done a lot to upgrade the lives of millions, but apparently its most important contribution to humanity still lies ahead ("The Age of Possibility"). In the NYT, Roger Cohen describes a momentous global transformation which will shift the center of economic and political gravity in the world from the West to the rest. He is well aware that similar transitions in the past have involved enormous bloodshed and suffering. yet, he is "not too worried." What gives him confidence that this time things will be different? The first item on his list is "the web of social networks that now span the globe." The one example Cohen gives on this account reads: "Half a billion Facebook users constitute some sort of insurance against disaggregation." In his view, "being in touch in ways that dissolve national borders makes it more difficult to be in large-scale violent conflict across fault lines." I am thinking - who else wasn't "too worrried" and thought that this time things would be different? Oh, yes - the dotcom crowd 10 years ago, and the bankers (plus the millions of small "investors" in "home equity" who took their bait). But let's stay away from such far-fetched analogies. We all know that one day things will be really, truly different. If we could only believe strongly enough.