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Jarvis: about a week ago, Facebook made noises about launching classifieds and now MySpace has made a deal to take on job ads. This is the next stage of the classified meltdown. Stage 1: They move from newspapers to new services, like Craigslist and Monster, online. Stage 2: They move into communities like Facebook and Myspace. Phase 3, yet to come: They are distributed, no longer in a centralized marketplace, and technology brings them together.

via buzzmachine

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