Right now when you mention social networking you automatically think of Facebook or Myspace. 5 years ago when you mentioned a blog you immediately thought of some kid at home blogging about what he ate for lunch. Today blogs are powerful and essential business applications and soon social networks will be too.
Facebook and Myspace are networks that revolve around the individual. Ning is evolving social networking around the interest and from here social networks will eventually revolve around the business. Given that even the leading social networks are having trouble monetizing, social networks as a business application is a natural evolution for survival.
Social networks as a business application are not only about being a “friend” but rather more about knowing what’s happening at any given moment.

Posted by Premade Myspace Layouts on June 4, 2008 at 12:48 am
well said Tom…
I strongly agree of what you have said in your blog.
keep on writing more blogs.