Evolving Media Creation/Consumption

At a conference yesterday, New York Venture Capatalist and thinker Fred Wilson said:

"social media, led by Facebook and Twitter, will surpass Google in driving traffic to many websites sometime in the next year."

Sure, it's important if you have a web site that receives a lot of traffic from Google and/or Facebook, but what is more interesting is that more and more people are going to be flying around the internet based on what they Friends are creating or sharing with them.

Interesting.

Which got me to thinking about how I find the media I read on a daily basis. Sure, I get the New York Times on my stoop out of tradition, and I listen to NPR when I can't sleep, but most things come to me via computer or mobile browsing.

Aside from the odd offline source, here's where I get information from on a daily basis.



Note how much of this information and prioritization is coming via my friends (Flickr, Twitter, Facebook, et al). Note how little of my regular information consumption is coming from New York newsrooms.

Which got me to thinking.... what does all this mean? Does this mean most media is moving more and more toward user generation and participation? Should we lament the declining influence of newspapers and old news organizations? Am I better served or worse served by this?

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more to come when I have more time!