The Economist magazine has a special report online about the growth of social networks and the power they carry. The Economist at one point predicted the end of social networks, but it hasn’t happened yet. Martin Giles, senior business corespondent for the Economist, says that it might still happen but as of right now these networks are showing no sign of dying. Giles points out that social networks will continue to grow but like Myspace, they will reach critical mass and people will lose interest.
This interview is worth a listen. What do you think? Will social networks ever go by the wayside? Post your thoughts in the comments.
<Image Credit: The Economist>
