…so I'm not sure how coherent this will be, but:
Tonight's guest on the Colbert Report was Andrew Keen, author of The Cult of the Amateur: How Today's Internet is Killing Our Culture–y'know, I hate to comment on a book I haven't read, but from the interview it seems that his argument is that the Internet is bad, because anybody can create anything, and the people who know what they're talking about and are good at what they do (I assume he includes himself) can't get paid for their expertise.
Just taking Cute Overload as an example, though–Meg delivers a consistent, delightful product, and we repay her with our time and attention, which in turn makes her attractive to advertisers, which I hope generates some cash! What Keen is leaving out is that it's true that any fool can have a blog, and many do, but unless you're doing something that interests people, no one but your mother and a small circle of friends will spend their time on you. Anyone can put their stuff on the great Internet refrigerator, but no one has to look! Maybe the new currency of the Internet is the time each user spend on your site–?
See? Rambling. Late. G'night.