Social media is the most hyped up thing since… well, since the last hyped up thing, which was probably User Generated Content (nowadays re-branded as Loser Generated Content) or mobile television or MHP or what have you.

Well, lots of people use social media, be it Facebook or Myspace or Flickr or Jaiku or Orkut or any other of the myriad of available social media out there. Now this, of course, has gotten the attention of a lot of people – how can we make money out of it??

If you’re in that niche, you could do worse than familiarizing yourself with almost everything there is to know about social media, here, here and here.

Go ahead – perhaps YOU can make the next killer social media-utilizing app thingee!