Blogosphere
According to Valleywag, (based on a post by BusinessWeek’s Blogspotting) the number of active blogs within the blogosphere has plateaued at 15 million, which is a far cry from the 70 million tracked by Technorati (the difference, apparently, lies in the number of active and inactive blogs). Not sure if this is a trend or a break in the action but it does put the spotlight on the reality that while setting up a blog is easy, writing one is difficult after the initial enthusiasm dies off. Even someone like me, who spent 15 years writing every day for newspapers, finds it a challenge at times to pump out posts every day. To blog well, you need commitment, energy, passion and, ideally, a solid hour or two a day to write. That’s a lot to ask of anyone.

Then, there’s the money. A lot of people thought they could make some decent coin writing a blog but if you’re depending on AdSense to pay your mortgage, you’re dreaming because Google has got the game tilted wildly in their favour where they make a lot from every click, while you’re lucky to make a few pennies. Another factor could be the explosive growth of MySpace and Facebook, which provide people with the ability to write and share their thoughts without setting up a traditional blog.

If the 15 million blog figure is, indeed, accurate, I’m torn. On one hand, it’s disappointing to see the medium lose some of its momentum. On the other hand, the disappearance of blogging wannabes, personal diaries, etc. may be a healthy development if it raises the profile of blogs generating solid content on a regular basis. Update: By “wannabes”, I mean people who think blogging is so cool, only to abandon a blog soon after they start because it’s too much work.

Update: Fred Wilson (aka A VC) doesn’t think blogging has stalled at all and dismissed CNet’s assertion blogging is a bubble. “I don’t think it’s a bubble. I think its a revolution. We are taking over the media, slowly but surely. And this revolution isn’t going to burst.” Amen, brother!

Here’s a chart from Blogspotting:

Blogchart

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