The Register calls it “Bubble 2.0”, and Seth Finkelstein yells “Bubble, Bubble, Bubble”, but come on now – is it really? Bill Lazar nails why it’s not: “most of the comments I’m seeing appear to be missing a key difference from the last go round: IPOs.”. I think that’s spot on. Call it a “bublet” if you will. But not a bubble. Not yet.
However, I know a few of us are probably feeling as Shelley is. So much talk about money, instead of innovation and tool building can be distracting from what’s really important.
Speaking of which, as Seth notes a power law among bloggers definately exists. See Technologies du Langage and the Ask Jeeves Blog. A very small number of bloggers are read by the vast majority of RSS subscribers, and most feeds go un-read.
There is an opportunity to build tools that surface and connect the great many voices that should be – and deserve to be – heard. Sites like Philly Future, which attempts to do this with local bloggers, are launching here and there, for a great example see Greensboro101. The infrastructure being built can help empower Philly Future and sites like it to do so much more. Wanna help?
Speaking of local blogging: some thoughts on ConvergeSouth: Duncan Black on local blogging, David M. Johnson on blogs and community building, David M. Johnson on business models, Roch Smith Jr., Ed Cone summarizing, and Ed Cone responding to Duncan.
There was a huge win for free speech last week: Court defends a blogger’s anonymity: read Dan Gillmor’s thoughts. He pretty much summarizes my own as well.
Shelley Powers will be speaking at SxSW!
Yahoo! launches a podcasting portal. More on their blog. At a glance, nicely done.
Watch the first 9 minutes of Serenity!
Some tips on applying for a job from a Craigslist ad.
I’d say crazy IPO’s are a sufficient condition, but not an absolute requirement, for a bubble. You don’t want to constrain bubbleness to a particular historical expression.
We’ll never see a bubble as big as 2000 in our lifetimes. It was a mega-bubble. In a way, it’s spoiled us, since all ordinary ones seem so puny in comparison.
For there to be a bubble – something needs to eventually pop right? So what do you think that will be if not stock prices or new job hires?
Expectations? Shoot – me hoping work today will go well qualifies as a bubble then 🙂