It seems like all good, creative, original ideas are coming to an end. This week, Facebook introduced it’s new feature “Facebook Stories”, a copy of Snapchat’s original “Stories” feature. In addition to the new feature, Facebook also offers an in-app camera that provides its own filters.
Last year, Instagram, which is owned by Facebook, came out with the same feature called “Instagram Stories”. Stories are a way for people to take pictures and videos and share them on social media for 24 hours. After 24 hours, the stories can no longer be viewed.
Connor Hayes, one of the Facebook product managers, said “We want to make it fast, fun and easy for people to share creative photos and videos with whomever they choose, for however long they choose — and the more we share with each other, the more open and connected our community can be.”
According to New York Times writer Mike Issac, Facebook and Snapchat have had past complications with each other when Facebook offered to buy Snap (parent company of Snapchat) for $3 billion.
Issac said “Snapchat’s user base is much smaller than Facebook’s, but Snapchat has turned some of social networking’s conventional wisdom on its head, with ephemerality and more authentic connections.”
Snap has created many amazing features for its social media platform, but it seems that other companies are just copying their ideas. Should Snap be more concerned about Facebook’s and Instagram’s new features? Issac wrote that Snap investors have been skeptical of the company’s prospects because they face giant competition with Facebook. “Snap’s shares have since fallen below their I.P.O. price of $24,” Issac said.
What is stopping companies like Facebook from creating their own original ideas and features like Snap has done? Are all original ideas in technology and social media coming to an end, or is the next creative, great idea still out there?