You can sense fear among all old media type, except for good old Rupert Murdock who must be feeling safe after having bought Myspace.



Andrew Keen, writing for the Weekly Standard at CBS news, seems to be alarmed by all the empowering features of Web 2.0. What he fears most? The army of bloggers.



...technology that arms every citizen with the means to be an opinionated artist or writer.





Reacting to this, Jim at the New Media Cross Roads gives out a smart piece of advice for the old media:


Old media will evolve. It always has. It may be a painful process, and it may take longer than people want, but they will get it. And if they don’t, and some other company comes along to pick up the mantle