The Web 2.0 Bubble

Interesting reality check from Atlantic Monthly 

Why the social-media revolution will go out with a whimper

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In the Web hype-o-sphere, things matter hugely until, very suddenly, they don’t matter at all. Thanks to the unprecedented growth of MySpace and Facebook, “social media” matters hugely right now, but it is likely only another in a long string of putatively disruptive, massively hyped technologies that prove just one more step in the long march. Like “push,” “social media” is a functional advance pimped out as a revolution.

Source: The Web 2.0 Bubble