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I think that the trend will reverse itself naturally. In time, as people see that doing it just for money isn't going to work, they'll stop trying it. And only the passionate ones will stay on. When it gets tough, those that aren't in it for love of the community and what they're doing - they'll leave. At least that's what I think.
As for what we can do now, I think all we can do is to build awareness and lead by example. That's the only way we can show the true value of blogging, and it isn't money.
I don't have all the answers, of course, so I'd love to hear what you (and others out there) think of it - what do YOU think we can do to reverse the trend?
Of course, the community is still my favourite part, great post!
Cheers,
Glen
So I guess what I'm saying is that you can create content even without the web. What the web and blogging does is it allows people to see the content and talk about it and all. As Cory Doctorow said, "Conversation is king. Content is just something to talk about."
That was what I was trying to get at. Content is still definitely important, though, but I think the community matters more. It does to me, anyway. =).
As for why I said it will naturally reverse - because I don't think there's actually that much money to be made in the first place. So people will start realizing that there are better ways to make money, if that's what they want to do, and they'll move to that. Most of those who are in it just for the money won't last the distance, it's not necessarily that easy to build a successful blog.