Facebook's core business problem
Summary: The social media service has done a great job including just about everyone with an Internet connection. That's exactly the problem.

Like any social media platform, Facebook needs eyeballs to survive. It doesn't matter how many photos or games or pages or even deals it has to offer; if people are not interested in using the service, it's all for naught.
Over the years, the service has been aggressive in making changes to ensure its survival, and over the long-run, they've largely been savvy decisions: the news feed, formal pages and Timeline have all helped the service structure data in such a way to facilitate targeted advertising and the like, even if I'll never be completely content with the restriction that I can't simply put "early '90s alternative rock" as a music preference and just leave it at that.
Over time, Facebook grew from a restrictive Ivy League social network to one where only the non-digital were left out. Like so many other social networks, from Twitter to Path to Pinterest, Facebook started as a trendy club. The difference is that it evolved carefully enough to turn the place into a global town square.
That's a wonderful thing, both for Internet denizens and Facebook's business model. More scale in user adoption and more leverage in business deals, all while users get to reconnect with old friends and distant family. Win-win.
Early in its evolution, Facebook shifted users' attention from profiles to status updates, after it introduced the News Feed. For a long time, that wasn't a big deal -- sure, there was a lot more information to digest, and some people cried foul about it. But it was all being created by friends you cared about.
As Facebook continued to scale, so did our friends circles, and now it's likely that you're Facebook friends with family members, coworkers, college friends and post-college friends, with handfuls of single-serving contacts along the way. Your personal network now encompasses a number of real-life social circles, past and present, with just a single thing in common: you.
Facebook has met this overwhelming amount of information by employing an algorithm to emphasize and de-emphasize certain friends' updates. It has been a rocky path: first, Facebook gave users the ability to create custom lists around those real-life friends circles (e.g. work, family, friends). Then it realized only a minority of users were using the tools, so it started taking matters into its own hands.
Wonder why you never see updates from your 348th high school classmate anymore? That's why.
It's a good idea in theory; if you have more than 1,000 "friends," the noise becomes impossible to overcome. No one should have 1,000 friends, but who's counting? I no longer hear from my 348th high school classmate anymore on Facebook's News Feed, and he/she me. While the occasional voyeuristic update is missed in the name of digital social diversity, it's no great loss.
But there's much work left to be done.
In recent months, my feed has become overwhelmed by shareable items. I suspect yours has, too. For example, one member of my immediate family is addicted to sharing inspirational photos; one member of my extended family -- a military veteran -- has a penchant for sharing pro-military items; another friend is hell-bent on inviting everyone with a pulse to join Zynga's newest game, every week. Logging on to Facebook has become the digital equivalent of visiting the DMV: it's hot, it's crowded, everyone's waiting around in boredom and a bunch of crazy people are shouting in the corner.
Get me outta here.
This is a business problem for Facebook. If it can't hang on to its users -- people like me, who want to use the service and would consider using a competing one -- it's a slippery, albeit miles-long, slope to irrelevance.
So what's really happening here? Facebook has figured out how to filter content roughly, based on the person, but it has yet to do so in a more elegant, granular way, based on the kind of person. In short, it hasn't quite figured out how to bridge the socioeconomic divides that exist between our real-life friends circles. I love my family, and I'm stuck with them for life -- but that doesn't mean I need to hear them out more than twice a year. We, simply, are not in the same circle of friends, in the original sense of the term. But on Facebook, it's Thanksgiving dinner, every day of the week.
This didn't used to be such a problem, back when users had to check others' profiles for updates. Want to check the profile of your hyperpolitical friend who has views directly in opposition to your own and spouts them regularly? Great; knock yourself out. In today's format, that information floods in automatically. It's all or nothing.
You could say that Facebook has created user lists for this very reason, so that you can take matters into your own hands. This is true. But the default is everything. Only a minority of users are going to bother with such lists. Meanwhile, everyone will continue friending, forever more. The solution is not more user action. It's the algorithm.
Despite my various ties to people through blood, education, workplace and other various life categories, there's a more nuanced connection I have with certain people whose input I value more highly than others. That could be a shared political view (or none at all -- that is, a preference that Facebook remain an apolitical forum), that could be a topical interest (in my case, publishing), or it could be basic lifestyle choices: while it's lovely to learn how my old classmate is living in Cleveland with her husband and three kids and crafts business, it's not really relevant to my life as a childless urbanite with a serious love for the printed word. What I find funny or interesting or shareable may not be the same as her. The social gap becomes apparent to each user over time. To date, Facebook's algorithm can't really discern the difference, at least as far as I can tell in my experience using my feed.
This, of course, also applies to brands and other businesses using Facebook as a social outreach or advertising platform. On ZDNet's Facebook page, many of the 115,000 people who "like" it don't regularly see updates from us in their feeds, for no apparent reason. We've actually received complaints from readers about this, but the bottom line is that Facebook is controlling the bottleneck -- and in these examples, it's doing so in a way that's clearly counter to user expectation or desire. (I should add, there is no way to tell Facebook, "Yes, I'd like regular updates from this page" or "No, I'd like only occasional updates from this page." Either way, that's no solution for the default.)
To be fair to the company, algorithms must constantly be tweaked, and there's a lot left to learn here. This is, in many ways, a big data problem: the company has given us more and more ways to demonstrate our interests, but not enough ways to indicate and sort their importance relative to each other. If the company can't get it right in a reasonable window of time -- how much that is, I don't really know -- it's going to start losing users who are tired of scrolling through shared items that have little relevance to them. Anecdotally, I find myself graviating more toward Twitter and Instagram, if only because there's less abuse I'm forced to endure.
There will always be users of Internet services who fail to filter their broadcasting appropriately; this has been true since the early days of chain e-mail ("Fwd: Fwd: Fwd: Fwd: Fwd: Fwd: Fwd: HILARIOUS!!!! Please fwd to 10 ppl"). Facebook doesn't change this dynamic, though it centralizes its effects. It was Facebook's decision years ago to take on the responsibility of filtering this information for us; if the company can't get a handle on more finely tuning the flow, it's going to lose users fed up with trying (and failing) to maintain their experience; a never-ending game of Whac-a-Mole with exponentially more holes each round.
The town square will remain, sure. But it will not be the same.
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Talkback
Completely agree but dude the article is way to long.
I also have a strict policy of keeping my friends list under 100 (it used to be 50) and that's really too high. I don't know how people cope with 300, let alone 1000 friends. It all becomes meaningless information because you've only met most of them once or twice, if at all.
"I should add, there is no way to tell Facebook, "Yes, I'd like regular updates from this page" or "No, I'd like only occasional updates from this page.""
There is btw, several ways.
Under 100? Way too high!
Will the people in your circle read those e-mails?
You sound like fun
Ironically you have just made Andrew Nusca's point ...
I still get email notification of my "friend's" updates (and I could turn that off, I realize) but what strikes me is that in general Facebook is a monument to the inane, banal and trivial. I currently have 19 "friends" and for all but three of them I at least know who they are. I deleted a few who were friends of friends (and I have no idea how people I don't even know but happen to know someone I know can be classified as 'friends'; am I really THAT old?), like the person who had no photo and I didn't really know whether it was "he" or "she".
I would argue that using the term "friends" for 300 or 1000 people or more is in itself idiocy, and in the "old" days you might possibly have accumulated that many 'acquaintances' in your life, but we still have dictionaries and they still define words like "friend" and the Oxford (the Merriam-Webster more or less agrees) defines the word as "a person with whom one has a bond of mutual affection [M-W adds "or esteem"], typically one exclusive of sexual or family relations".
I for one don't intend to allow Mark Zuckerburg or FB to rewrite the English language. He and they already are insinuating themselves quite far enough into social interactions in my opinion.
Measuring User Engagement
Google+ has its faults, but this is something it got right
The single thing that continues to drive me nuts on FB too is that every time I login it resets my newsfeed to be "important updates" first. I want them chronological, I set it that way, and as sure as the sky is blue, it'll reset to put what _it_ thinks is important first the next time I login.
Another vote for G+
You can also mute items on the main stream and never see them again, unless you want to by visiting the appropriate circle.
Mistakes
There IS a reason people don't regularly see updates from the ZDnet page in their feeds (for no apparent reason): they don't see the updates anymore because they stopped interacting with the content from the page that showed up in their newsfeed. Recently this became even more strict, as FB is making a push to ear dollars from page owners willing to pay to advertise their page or stories.
And yes, the article is WAY too long.
Thanks for the update ...
Filtering the feed is definitely a major issue on Facebook
Think you are right
FB quickly becoming irrelevant to me
This sums it all up for me...
This is exactly why I don't go onto FB anymore... It used to be real hard for me to stay off, but nowadays, it is actually a drag that I have to log in (usually to reply messages people sent me, people I don't have other ways of communicating with other than FB)
FB is for work
I have some friends on FB but mostly their feeds are turned off on my news feed.
With time....
Facebook coming up with a job advertising portal will definitely help in keeping / increasing user's interest but this is a beginning of changing gears, the focus is moving... I am not sure if it would be as effective as LinkedIn.
Unless it is a necessity like "Google Search" or Wikipedia, things on internet vanish easily with time.
Redefining "friend"
I've been on FB since the time just after it went "public", and have gone from an initial 6 month burst of interest / enthusiasm, to total indifference (including the removal of all photos and personal information). Indeed, I have many times seriously considered removing myself from FB, and may yet still do so. Life is way, way too full already to have something as intrusive and relatively meaningless as "regular updates from friends" to warrant any serious investment of time or energy. And the potential for personal information to "leak out" into the digital ether due to someone on my friends list being clumsy is too high (think: copy and paste). Interestingly, the only people on my friends list (who are all actual family, BTW) who are regular users of FB have the least interesting things to say - the bulk of their posts are likes and links to stuff they are interested in, as opposed to any actual information about themselves, what they've been up to (trips abroad etc) or intellectual / spiritual stuff they are grappling with (that last being of primary interest amongst true friends). And their walls are full of stuff from THEIR circle of "friends", much of which is irrelevant and uninteresting. The other family members on my list are like me: on FB just because they might, maybe, one day actually get something useful out of it.
Let's face it: in 2012, we are deluged with information and "connectivity". But are we better, happier people for it? I think not. The façade of "friendship" these days appears to me to be such for so many - being shallow and linked to trivia posted on a website - that I would warrant that despite our apparent "connectedness", many in this new "digital world" are more lonely than ever, even if they are frenetically "busy" with being connected...
And let's not dismiss email: call it '90's if you will, it's the closest thing to writing a letter that I get to these days, and allows for a much more thoughtful, personal interaction than a few lines on a website every now and again - and the info isn't stored on someone else's computer, either (even though I'm sure several "government" agencies read the email in transit).