] There may be a new kind of Internet emerging--one more
] about connecting people to people than people to
] websites. The blog phenomenon, where blogs link to blogs,
] is another aspect of this same trend. Mark Pincus, an
] investor in Friendster and founder of Tribe.net, calls
] this the early phases of the "peopleweb"--a
] user-controlled network of identities and relationships
] that transcends any one site or company. How that web
] will take shape remains murky, but in the explosive
] growth of social networking we are surely seeing the
] future, using the Net to connect people with bonds of
] trust and friendship--and maybe sex.

This is making me sick. I don't know if its because I'm worried about watching a lot of my good ideas get someone else paid, or if its because of how much this reminds me of all the investment in "P2P" technology, which really never went anywhere. A bunch of VC are dropping tons of cash on friendster, tribes, and similar sites.... I'm worried that all of this activity will serve to create IP barriers to innovation moreso then useful tools or real economic movement.

Fortune.com - Fast Forward - I Get By With a Little Help From My Friends of Friends of Friends