" 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."
Is that George Colony of Forrester again, as I wrote earlier in week? No, way too many words for him. The quote comes from Michael Malone, long time tech observer and writer as he comments on the Forbes story on blogs.
Whether you agree with him or not, the statement is powerful and uncluttered by stats. He will probably be savaged. He is also likely too early in his forecast. But he is making a judgment call based on his previous experiences. Chris Selland makes the same argument in this post.
But even more fascinating is this excerpt from "Blink" by Malcolm Gladwell (of Tipping Point fame)
"The ornithologist David Sibley says that in Cape May, New Jersey, he once spotted a bird in flight from two hundred yards away and knew, instantly, that it was a ruff, a rare sandpiper. He had never seen a ruff in flight before; nor was the moment long enough for him to make a careful identification. But he was able to capture what bird-watchers call the bird's "giss"—its essence—and that was enough." He provides other examples of how we are often right after analyzing "thin slices of data"
Folks like George and Michael have more than enough thin slices in their data banks to draw from.