So does that mean that people should stop working on the problem domain that is "social and sharing" ? I would say, not quite. But the "Me too" herd mentality is not helping, not just in terms of the amount of capital that is thrown at it, but talent that could have been better spent elsewhere now toils away in making another Groupon clone because he has tunnel vision.
We are working in the domain of contextual discovery and there are a number of juicy problems right there. Determining what is useful to you so that we can deliver that alone, based on where you are, why you are there and who you are with. Thats a meaty problem to solve. One of them, at least.
I never said that. I said that there are real problems worth solving, and not all of them are in the social space. There is still plenty of value to be added to the social landscape, just don't forget the domains that aren't the bees knees at the moment.
We are working in the domain of contextual discovery and there are a number of juicy problems right there. Determining what is useful to you so that we can deliver that alone, based on where you are, why you are there and who you are with. Thats a meaty problem to solve. One of them, at least.