Social networking is all the rage these days, with intense coverage both on and off the Web. With big names Facebook and Twitter experiencing record growth, industry analysts are salivating over future social networking business prospects. However, it hasn’t been all smooth sailing. Like most revolutionary developments and technologies, social networking is bound to encounter fierce opposition from social observers backed by media traditionalists.
While some educational institutions have started offering courses in social networking, detractors have also emerged. Media and cultural xenophobes around the world are up in arms against what they fear is the unanticipiated onslaught of social networking with dire sociological and anthropological ramifications. These naysayers fear the destruction of traditional media business models.
Their fears, however, may not be entirely unfounded. The New York Times recently hinted at closing the iconic newspaper The Boston Globe.
