Cluetrain co-author David Weinberger says he thinks of 'user-generated content' as 'us-generated content'. I like. David also links to the Economist article Among the audience, which mobile marketing expert Tomi Ahonen mentions here. Great quotation re Barry Diller:

"What an ignoramus!" says Jerry Michalski, with some exasperation. He advises companies on the uses of new media tools. "Look around and there's tons of great stuff from rank amateurs," he says. "Diller is assuming that there's a finite amount of talent and that he can corner it. He's completely wrong." Not everything in the "blogosphere" is poetry, not every audio "podcast" is a symphony, not every video "vlog" would do well at Sundance, and not every entry on Wikipedia, the free and collaborative online encyclopedia, is 100% correct, concedes Mr Michalski. But exactly the same could be said about newspapers, radio, television and the Encyclopaedia Britannica.