According to the rumours before Google Wave was introduced it was something to replace all current social media networks (e.g., Facebook, Twitter, etc.). It’s not that at all–-it’s a work collaboration tool. The basic premise is that Google was is what email would look like if it was invented today.
I think Google Wave has a lot of potential to do exactly what Google set out to do with it–which is to create a collaboration tool which will replace email. As it is now, Google Wave would only be good for working directly with someone directly.
Here’s Google’s own 10 minute explanation on when to use Wave.
Snaps from around the office