What comes after Social Media?

SILICON VALLEY – Year 2003 things were heating up again in the valley after the dot com crisis and 2001 WTC twin tower catastrophe.

Web 2.0 and social media made Internet services fashionable again, pulling back entrepreneurs who thrived or merely survived in the first rounds of activities on the Internet that began two decades ago.

New companies emerged from nowhere. Blogs became popular. We got wiki and microblogs. Flickr, YouTube, MySpace, Skype and a myriad of other social media services emerged.

Google and Apple are now the most glowing examples of post-dot-com-crisis. Both companies have positioned themselves for future growth. But they are also becoming competitors.

Millions of people around the world learned to use Facebook and Twitter. Nokia is still the world’s biggest mobile phones producer and supplier but it’s not the leader in usability. Google launched Buzz this year.

It’s interesting to see how fast the competitors are countering the successful launching of iPad. Nobody has been able to deliver a iPhone killer? Is it going to take three to five years before we see the first iPad killers as well?