I've been actively engrossed in the business side of social media for over 1.5 years now and it's amazing how things have changed. Words like Klout and 'likes' common on our community have replaced huge follower counts and fully customized myspace profiles. Social media integration has become the priority of companies with website and complicated CMS tools left by the wayside. The difference between social media and social networking is clear.
The new shinny objects are still popping up but the dust (at least for me) has settled. I'm comfortable with my set of tools and move through new beta sites at the speed of light. Sure, the tools will change. They always do but I'm good with my strategic and tactical approaches. I have a few successes under my belt and preparing to unleash even more thought leadership around it (through social media of course!).
So where are my interests these days? Better penetration in the bigger sites (twitter, facebook, youtube), how social media can impact search, globalization of social media and of course the occasional shinny object. My mind envisions a world where email doesn't exist anymore and real-time, aggregation, and on-demand are commonplace. Where there will need to be classes on how to select your communication channel because we will have so many options and information overload will be addressed in formal education.
I'll coin the Notorious BIG's phrase "Mo Money Mo Problems" and say our future outlook seems "Mo Info Mo Problems" -- then again who wouldn't want more money. =)