It’s an interesting statement and watch this video.
I need to define what Social Media means in the first place. My understanding is that's it's an umbrella term which defines the way we integrate technology and social interaction expressed through words, pictures and audio.
Tools that we play with online, FB, twitter etc could in theory be a fad. Alternatively the way they exist now will evolve offering new benefits, especially tapping into the theory of Social Graphs(Facebook Connect and OpenID). Social Media has change the way we connect with people, not changed our need to communicate. Our innate human behaviour to communicate is being represented online because our behaviour of communicating has change through the use of technology. So surely social media is just a manifestation of the human conditioning. So what I'm trying to say is that the way we communicate is changing, not the basic need to communicate.
Martin Lindstorm interviewed Seth Godin on The Death of Chairties.
Lindstorm reveals that the way businesses run charities is handled the wrong way today. In his interview he explains that not every brand needs to have a charity plan. Charity organisations have to be integrated in the brand and make sense overall to be credible. The brand story needs to be relevant.
Seth also revealed his thoughts on the sustainability climate-trend, explaining that it needs to be relevant and consider whether you want to join this trend as it is not for everyone.
Watch it here
In the eight months ending in April, Facebook has doubled in size to 200 million members, who contribute 4 billion pieces of info, 850 million photos, and 8 million videos every month. The result: a second Internet, one that includes users' most personal data and resides entirely on Facebook's servers.
Facebook thinks its members will turn to their friends—rather than Google's algorithms—to navigate the Web. It already drives an eyebrow-raising amount of traffic to outside sites, and that will only increase once Facebook Search allows users to easily explore one another's feeds.
Thanks to a pair of new initiatives—dubbed Facebook Connect and Open Stream—users don't have to log in to Facebook to communicate with their friends. Now they can access their network from any of 10,000 partner sites or apps, contributing even more valuable data to Facebook's servers every time they do it.