One blog created every second

Michael S. Marone[*1] reads the Technorati tea leaves[*2] , sees big changes ahead:

Advertisers are finally drifting over from old media. And venture capitalists may actually finally be awakening to the investment opportunities presented by the blogosphere. The first generation of industry superstars (like Glenn Reynolds, Andrew Sullivan and James Lileks) have already emerged. And you can be certain that obsessive blog-surfing will soon be announced as the next great threat to productivity and family life.

Just as importantly, blogging has become an international phenomenon, with many of the new arrivals in the field coming from outside the United States and Europe. The technology is also beginning to morph, becoming more visual and, thanks to new toolkits, easier to join. But perhaps most important, the blogosphere is becoming the defining source of news analysis (and even the news itself) for the world’s intellectual classes.

I’m still waiting for some of those advertisers to drift over my direction.