According to a Boston Globe Article today Social Networking is exploding and moving into niche areas that focus on smaller groups.
Boston Globe
But how long will this last?
With so many niche networks will people continue to use them. For example, if there are 3 important social networks for each person, say Linkedin for business, myspace for social, and match.com for personal how willing will people be to maintain all of their profiles in all those places.
Remember when people had 5 email addresses and always forgot where to login and how. Now there is mail forwarding and people can get all there email in one place. Will there now be a need for social networking forwarding? Will there be more dead profiles on these networks? What solution can be offered to make it easier to update/manage all their pages?
So is it better to have thousands of social network with no network to maintain them all? Will people become less likely to use them and gradually move away from the trend? Time will tell but my guess is that Google or another big player will create an interface where someone will be able to manage all their networks in one place. Once that happens we will all be better for it.