Innovation in social networks will involve the shifting from company held servers to a distrusted social network via IPv6 and router/modem/firewall/web server/mail server/file server in the residential environment
The social network company providing the links between like minded people, backups and redundant services for blackouts.
So greater personal control and privacy, with access to your files from your hardware and shared access that you specifically have control over.
As Facebook aren't into hardware or software they are screwed. This is a battle between Google, Apple and M$. Then new distributed social network portal who gain the lead first.
You know, I agree with this to a massive extent. I would however like to see it on a 'large local' scale, ie. 'City' wide, Town wide, Burrough-wide.
I imagine something like this, but running over a town-wide MESH network, being an absolutely positive force in that of a moderate sized community. Actually bringing people together, that live in a 10 (or whatever) mile radius. A scaled back internet, a scaled back 'social network', where the social aspect is a given, because the people involved are the people you see when you grocery shop; When you get gas; When you walk your dog.
Scale it back; Decentralize it. Make it work for US, the general person.
A man can dream, right?
(Sorry, double post, my first post was completely mis-quoted.