Are blogs as a business a bubble waiting to burst?

[mandy]

Slate article suggests blogs as a business model are a bubble waiting to pop.

As a cultural phenomenon, blogs are in their gangly adolescence. Every day, thousands of people around the world launch their blogs on LiveJournal or the Iranian equivalent. But as businesses, blogs may have peaked. There are troubling signs—akin to the 1999 warnings about the Internet bubble—that suggest blogs have just hit their top

full article: http://www.slate.com/id/2136437/nav/tap1/

Corante writer comments on the Slate article:

Slate has another of those "blog bubble about to pop" stories out...

As a business story it may be 100% accurate. As a barometer of blogging itself, it's dead wrong.

Blogging is not a separate business from the Internet. Blogging is simply another way of producing a Web site. It brings coherent, regularly-updated Web sites within the budgets of every business, every individual, everywhere...

full article: http://mooreslore.corante.com/archives/2...to_pop.php

[jezebel]

Are blogs as a business a bubble waiting to burst?

Blogs and everything Web 2.0 are a replay of the dot com bubble. 

[rose]

When did they become a real business?