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Art and Social Networks

I stumbled across this video the other day. These AOl guys make a nice short argument for where they see art going and how artists communities online are different from the masses. But look at Rhizome. Has it seen its best days? Where is the new media art herd located?

http://www.podtech.net/home/3715/art-in-social-networking
Gregory Cypes and Kevin Lawver from AOL hosted an open discussion from MashUp Camp IV and the Computer History Museum. Art in Social Networking is the basis for success across several social Websites. Cypes and Lawver open the floor to what works in the social networking arena. When sites fail to maintain their social status, where do members go?