Below is an interesting and well done video compilation by Erik Qualman asking if social media is a fad or a revolution. His book Socialnomics from Wiley Publishing will be in stores August 31, 2009.
The thing we cannot forget is the importance of relevant relationships. Too many people focus on ego quantity rather than quality. Ultimately it doesn’t matter how many “friends” or “followers” you have, but how you are engaging and taking care of them that matters.