When Google Wave first came out, many technology experts thought it would change the way people forever communicated online. However, only 3 months after it’s official public release, Google has decided to shut the service down. Wave did not catch on quite as much as they had originally anticipated. Many people thought it was a great idea, but it was not simple enough to use for those people who were not tech savvy.

While Wave is being shut down, the software and system it used is not totally gone. The Wave platform will remain available to 3rd party developers looking to use the system to create a product of their own. Google also claims that the technology will be used in future Google projects, but would not say which.

There are rumors out there that the new Facebook Competitor (Google Me) that Google is reportedly working on, somehow will incorporate Wave’s social technology into it’s platform. This is just speculation however, so we will have to wait and see if Google Me does in fact use aspects of Wave.

According to a Youtube video posted by TechCrunch, Google CEO Eric Schmidt said that the team working on Wave will begin working on other products that are “like Wave but applied in some other areas.”

What will these areas be? Only God and Google know.