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I agree there is no alternative, but I think Facebook can go as quickly as it came. My experience is from using Orkut in Brazil. In 2005 Orkut was as hot as Facebook is now in the US, everyone was there. Nowadays everybody is moving to Facebook. I suspect the same thing will happen again 5 years from now.

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I normally compare the odds of unseating Facebook as the same as unseating Google for search. It might happen at some point, but it will be exceptionally difficult. I think FB is so much more ingrained than any other social network has been before, say MySpace or Orkut. I really hope we do see some competition in the future.

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