The new media

I read an interesting article earlier about Web 2.0. This author is talking about how sites like Myspace and Facebook are becoming everything to everyone. He talks about how he expected people to grow bored with just adding friends and looking at pictures after a while, and so these sites had to adapt and add other stuff like applications and advertisements to keep it interesting and to attract more people. The author seems to think this Web 2.0 spells doom for traditional powerhouse media organizations who have to sit back and watch regular people be able to do everything they want and look at pretty much whatever they want on these social network sites. I guess this guy has a good point about the media companies. It is so easy to get access to different media on Facebook and Myspace, so these companies are probably going to have to adapt and create their own versions of 2.0. The link to the article is herehttp://www.informationweek.com/blog/main/archives/2008/04/web_20_expo_rev.html