Jason Calacanis on Social Networks

From the post:

"Users will soon learn that social news sites are imperfect, but highly-compelling, radar systems. Their not maps, newspapers, research reports, or encyclopedias. It's gonna take another couple of years for folks to grok this, in the mean time you can expect weekly stories on DIGG/Delicious/etc. "reporting" incorrect news. Of course, the fact that anyone would consider social news reporting shows how little they understand our evolving medium."