> Right now, there is a virtually invisible network which links together millions of people who would otherwise be completely isolated from each other. This exciting technology has grown to become an incredibly complex web of connections that is so large and difficult to track that it would be practically impossible to estimate its total size. And even though most of us live alone, in urban isolation, this system represents one of the few ways all of our lives are intertwined. This system is: modern plumbing.
http://commonsenseoracle.com/2010/10/the-value-of-facebook-i...
That's all.
G
I wasn't trolling. I think the value of social lies with "peer production" which is a more evolved form of crowd-sourcing. Try and imagine a more sophisticated and brilliant Wikipedia.
Jeff Bezos is one of the funders of Kleiner Perkins new "sFund". I liked his comment at the announcement about using social to solve real problems like genetic engineering and climate change.