The Economist on the Cambrian explosion of new media

April 28th, 2006

New media The Economist’s New Media Survey is a collection of articles and audio interviews on consumer-generated media, including blogs, wikis, photo sharing, podcasing, video sharing asnd metaversing (sp?). “The era of mass media is giving way to one of personal and participatory media … that will profoundly change both the media industry and society as a whole.”

Last November, the Pew Internet & American Life Project found that 57% of American teenagers create content for the internet—from text to pictures, music and video. In this new-media culture, says Paul Saffo, a director at the Institute for the Future in California, people no longer passively “consume” media (and thus advertising, its main revenue source) but actively participate in them, which usually means creating content, in whatever form and on whatever scale.

This is a good collection of overview articles.