Whether it's Grumpy Cat captions or Harlem Shake knock-offs, there's always some new Internet trend to follow and imitate.

If your business plan outlines exactly how you will generate revenue from specific social media-related activities and you implement these revenue generating activities on a consistent basis, you may be able to monetize your social media operations.

The trick to social media adoption in the world of entertainment is to move beyond the label of "social media." Imagine a computer and how, over the last five years, technology has allowed the physical understanding of a computer to disappear.

Today's medical students and young physicians have grown up in the social media universe, and they expect to use social media as part of their medical practices. Patients are looking to their network to share medical information and learn more about their conditions and treatments.

We have never lived in a world where things spread so quickly, at such scale. Social media has become equally a powerful and dangerous ally for marketers and for consumers -- a double-edged sword that each should manipulate with great care.

This is what the social web is all about -- networking, sharing, helping, creating. So, with literally no planning, I sent out one single tweet with an invitation for my Twitter tribe to join me on a web meeting at 4 p.m. that very day.

Information technology has undergone one revolution after another -- from big to small, corporate to personal, individual to networked and now stationary to mobile. Social computing will remain a powerful driver of wealth creation.

The best course of social media development is to build relationships, engage with people, and produce interesting, fun, relevant content that begs to be shared. Make an effort to connect with and add value to those that have chosen to follow your message.

People wondered if Kevin Rose was trying to be a jerk. I mean we all know he's bitter toward Reddit and his former Digg users who abandoned him. Could he really be that clueless as to how a Reddit AMA works?

Social media teams tend to be decentralized. Confusion, rogue tweets and off-message posts are almost inevitable. The worst gaffes live on in social media infamy. So is there a way for businesses to avoid a social media meltdown?

But a hologram Tupac on tour? Long-term interest and success of 3D tech is notoriously hard to predict, once the novelty wanes.