Likely direction of social networks

Likely direction of social networks: "Earlier Robert Young described social networks as double-edged swords for media companies. In this article about the unintended consequences he paints a potential “nightmare” scenario and predicts what the future of P2P-based social networking services may bring. The media players need to understand that P2P that’s embedded into social networks is a very different animal than previous generations of P2P, and the issues surrounding piracy are far less insidious and much more manageable."