Watch this absolutely inspiring video about the Social Media Revolution:
The internet is the new town square, and the whole world goes there to find out what's happening. What does this mean for writers? I can't say for sure, but I think in the future it will be less about how much money your publishing company pours into your book's ad campaign, and more about how much your readers love your story--love it enough to facebook, blog, and tweet about it.
I think I'll go sign up for twitter now.