The technology to stream video in real time has become incredibly easy to use and free. You'll see coverage of all types of events, concerts, discussion panels, and you're even seeing some people broadcast live from Occupy protests.
Since social media is here to stay, event organizers who truly embrace the notion of the greater good, which is the purpose of all of this social stuff anyway, can enhance the experience by establishing and promoting twitter hashtags and handles.
I'm a firm believer in the benefits of social media. But this is not to say that social media does not have its issues. Take three young adults in New Jersey and three social media platforms and I think you all know what I mean.
One of the benefits in living in New York is knowing for a fact that, regardless of what you're into, there's some kind of congregation for you -- like breaking into the interactive entertainment industry.