A recent Wired magazine article argued that blogging is out, that mainstream media have taken the practice over, and one-time bloggers have moved on to social networking tools like Twitter, Facebook, and Flickr. Not so, responds Allyson Kapin on Fast Company. Witness the 175,000 new blogs created daily and 570,000 posts a day.
Investors are still pouring money into blogs, too, and analysts project the big blog hosts to pull in $300 million this year. “Twitter and things like it are a moment in a timestream,” says one social-media expert. “Blogs are a bit more anchored, and allow us to stay within a context. The other tools are good, but they don't replace blogging.”