John Patrick from Agenda 2003: “Robert [Morris of IBM Research] made the point that blogging is not going to replace publishing as we know it any more than the web replaced newspapers. A blog is yet another component of the portfolio that we will all have at our disposal.”
Of course blogs won’t replace newspapers. The fact that people are discussing that question, though, is significant. It means blogs are hitting the mainstream in the way the Web did in 1994-95. It’s a different economic environment, so we’re not going to see a rush a blog vendor IPOs. But don’t ignore what’s going on because of that.
[Werblog]