The Vision
In a recent insightful interview with Recode (above), Instagram founders Kevin Systrom & Mike Krieger spoke about the future direction and vision of Instagram. They speak about the importance of staying relevant in the ever-changing social media / network landscape and how their main strategy is to stay true to the users.
They also talk about how important discovery is within any social media network; that is, the ability to connect users with others who are like-minded and relevant to each other. I believe this is a core competency of any social media network and a true metric it's longevity and relevance in the tech landscape.
Without this, user engagement is never meaningful, sustainable or completely realised.
Update 6.2
Today Instagram has released an update which takes a step in that direction. They've revamped the discovery page as well as enabled users to edit captions and locations after the fact.
That's right, you're now able to edit the captions of your photo after you post the image. No more silly typo's that you are forced to live with. You can also add / edit / delete locations to each of your pictures.
Find out more about the new updates and how to edit captions & locations after the jump: