Thursday, November 10, 2005

Get Rich or WiFi Trying

Anybody from the San Francisco Bay Area/South Bay remember Michael Malone, the vest-wearing flatterer formerly known as "the Boswell of Silicon Valley"?

Michael has a bold prediction:

Five years from now, the blogosphere will have developed into a powerful economic engine that has all but driven newspapers into oblivion, has morphed (thanks to cell phone cameras) into a video medium that challenges television news, and has created a whole new group of major companies and media superstars. Billions of dollars will be made by those prescient enough to either get on board or invest in these companies. At this point, the industry will then undergo its first shakeout, with the loss of perhaps several million blogs -- though the overall industry will continue to grow at a steady pace.

Any prescient investors can contact me at the e-mail address above. Put either "Future Blogging Tycoon" or "Jealous Consumptive" in the subject line.

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