Is this the end to blogging and Social Networking?

With the news full of problems being experienced by social networking sites are we seeing the beginning of the end for Blogs and Social networking. My Space have just closed 29,000 profiles of know child offenders and Facebook's owner is in court fighting to stop a rival closing him down.

Can it be that the bubble is about burst and we are all about to see the fallout of closer regulation on line relating to the freedom of content and speech for our online world?

It has been the authors and users ability to have free speech coupled with the speed at which this content could be placed online for millions to see which has been the corner stone of blogging and social networking.

Being a blogger and IM marketer I am concerned that these types of events draw the attention of governments and regulatory authorities who just may use this type of news as a reason to meddle in our online affairs.

Don't we all have a social and moral responsibility to police ourselves and keep our chunks of internet above board? I see every day posts and comments from people who seem to not care or forget that this is a world wide medium; after all WWW stands for World Wide Web.

Where will this all end, may be I am getting over excited? Are we going to see another black day when the dot com bubble burst yet again? If this dose happen how many of use will rise from the ashes and face the new world?

We all strive to harness the awesome communication power of the internet but forget that this can easily work against us. The smallest rumour can become gospel overnight if enough people post it online with dramatic results; not all ways good.

I am only one blogger but I can still make a difference. I can only hope that the major players out there set the example and promote socially acceptable blogging.

This just could be a flash in the pan but that was said about blogs and social networking in the past and look at what they have become. Lets not give the powers that be an excuse to meddle in the blogosphere.

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