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Every day, it seems, I see more and more people trying to use the blogging metaphor to make money. (The image, naturally, comes from business-blog.com.)
The question remains whether blogging will become subsumed into other media (lots of high-tech publishers, like Business 2.0, now have things they call blogs), whether new journalism businesses can be built on blogging, and whether blogging will be an individual or community endeavor.
Following are some Clues to this future:
I am intrigued by Weblogs Inc. On the one hand they have both a business model and a sales staff. They have good ideas on how to build awareness and traffic. They have excellent tools for user feedback. These are things Corante, for instance, doesn't have (yet). But I have some serious problems with their model:

Here's what I consider his "nut graph":
The question isn't whether the tools work -- we've seen them work (heck, half the book is dedicated to showing how the Dean campaign was built through the netroots) -- but who will take advantage of them. The open source geeks working on Linux (or Scoop) quickly closing the gap, or exceeding, what the commercial outfits can offer. Google, giving everyone a chance to get in on its IPO -- a perk once reserved for the good-ol'-boy network in the financial services industry. It's bloggers and their readers pioneering participatory democracy and participatory journalism.
I think this is a good summary of what's wrong with Weblogsinc, and Business 2.0, and to an extent what's wrong with nearly everyone trying to make businesses out of blogging.
The blogging business model cuts the distance between writer and reader, between participant and audience. The best blogging business models will shrink this distance to nearly nothing. The only difference between blog creators and their audience should be their level of commitment to the task. And the task for those who would build blogging businesses is to find the money necessary from somewhere to justify that commitment.
But where is the money to come from?
Whoever that fortunate fortune-hunter turns out to be, I hope he (or she) hires me.
I have always suspected the notion blogging will lead us into a wonderful future of 'participatory democracy' was one of those ideas which withers away to nothing under closer scrutiny. Sure, we can 'fact check the asses' (as Ken Layne put it) of the established political/media classes but that only makes us bloggers 'participants' in the sense that calling the cops when the party next door is making too much noise makes you are participant' in the next door's party.
But don't worry Dana, if I ever manage to extract riches beyond the dreams of avarice from blogging (and I am trying!), you will be on the short list of people who I will hire to administer the Mighty Blogging Empire :-)
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Tracked on August 19, 2004 05:44 AM