Are We Headed Toward a Social Media Bubble?

I had the privilege yesterday of hosting “The Social Media Debate: Live and Ungloved,” presented by Social Media Charlotte. Five of Charlotte’s most well-respected social media authorities went toe-to-toe in debate on two topics:

Are we headed toward a social media bubble?

and

Should brands factor a person’s online influence into their customer service approach?

In the first debate, Adam Holden-Bache and Jim Mitchem (filling in on the fly) argued WE ARE headed toward a social media bubble, while Lisa Hoffmann and Lyell Petersen argued WE’RE NOT.

I was busy moderating, so didn’t take notes for a recap. Instead, I’ve compiled articles about a social media bubble via Delicious:

• Is social media a bubble about to burst? from Shel Israel
• Bubble Bubble, Boil and Trouble: Is Facebook Stirring Tech Bubble?
• Facebook, Twitter and Groupon: The Next Economy or the Next Tech Bubble? from The Atlantic
• Why The Social Media Bubble Won’t Burst from Ad Contrarian
• Do I Smell A Social Media Bubble? from Business Insider
• Six signs of a new net bubble from Virtual Economics
• The Social Media Bubble from Umair Haque in Harvard Business Review (2010)
• 5 Signs That Social Media Is The Next Bubble from The San Francisco Chronicle
• Facebook Hype Will Fade from Douglas Rushkoff on CNN
• 5 Reasons Why Social Media is Not the Next Bubble from Our Social Times
• Would Social Media’s Bubble Burst If Facebook Were To Cash Out? from InventorSpot

Check out this post for resources for our other debate: Should brand’s factor customers’ online influence into their customer service approach?

Your Take: Social Media Bubble or No?

Do you think there’s a social media bubble forming? Is it about to burst? Why or why not? Weigh in via the comments.