Michael Wolff, The Guardian
What is social media – I mean, as opposed to plain old media?That's the unexamined question that will only become more pressing – and less clear – when Facebook shortly completes its IPO, with more and more people in plain old media feeling they ought to be in social media. And with more and more people in social media, with a $100bn or so of new liquid currency in the market, feeling it is the future of media.
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