Facebook Summer: It's Show time

ZDNET: "This is the summer of Facebook. The social network went from relative obscurity outside of college campuses to the next big thing, with a multi-billion dollar valuation and more than double number of users.
Some of my fellow travelers are questioning the (personal) role of social networks or suffering Facebook fatigue.
Jason Calacanis characterizes Facebook as a gesture bank, channeling Steve Gillmor, in which a social network feeds the need for people to receive and grant attention :
Facebook is a multilevel marketing platform where you agree to pay attention to people’s gestures in the hopes that those people will pay-attention to your gestures in the future. It’s a gesture bank."