Quite: "Imagine if Facebook were to collapse overnight, and the servers were turned off. I don't think it would be much of an exaggeration to state that the Western World would fall to pieces.".
I think that's very much an exaggeration!
Facebook may be financially sizeable, but that's almost all (if not all of it) advertising revenue, due to the number of users of the service.
If FB where to suddenly vanish, all that would happen is that people would go elsewhere for their social 'fix', and the advertising revenue would simply go with them.
Biting the hand that feeds IT
