In another sign that User-Generated Content is imperative to the success of media in the next few years, Time Magazine, a top-down, bureaucratic organization, awarded the concept of user-generated content, the bottom-up, collaborative creation system, its coveted “Person of the Year” award.

Past recipients of the award include Bill Gates, Queen Elizabeth, George Bush, and Albert Einstein. We are in good company. I expect that Time will send the invitations to the celebration party any day now… They did have to print six billion copies though, so if mine arrives a bit late I’ll forgive them.

I’ll have more thoughts on this tomorrow, however at the moment it is rather late (thirty minutes until tomorrow in fact) so hang tight. Heck, if you’re just passing through, why not subscribe? Or you can go back through our archives (they’re in the sidebar) and see what we have around. And if you really want to get involved, email me or comment (be sure to pester about Part 3 of the podcasting tutorial!).