Reply to post: Re: Wasting twice the time

Facebook worth more than Portugal? Hell, it's worth a LOT more than THAT

Gordon 10
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Re: Wasting twice the time

This - tie it together with the Opportunity Cost argument above you could argue that all we have done is swapped one leisure activity for another and any gain in utility (let alone something more concrete) is marginal at best.

And that's without factoring in the fact that facebooking is an asynchronous activity that can be performed in the "quiet times" between other leisure activities.

Indeed there's probably a delicious irony that advertisers are paying twice to get our attention for less time than they previously would have. ie We skip the TV adbreak to Twitbook, then ignore their ads to concentrate on the Kitten Video or Doris's latest colostomy adventure.

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