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Social networking today has radically changed our way of life form, communication style, daily working, our relationships with other people, etc. This paradigm shift has not landed overnight but over the last one and half decades gradually. Even if we stare back at the boundary of the present Millennium, just 20 years back, one will certainly be overwhelmed after doing a simple comparative study between pre-2K and post2K lives. Now, whether social networking transformed our life for better or worse, that is a debatable issue. Still, quite a substantial number of people think that social networking has sound effects in our society, though many think social networking has only bad effects. It is thus logical to accept that, like almost everything in life, social networking has its own pros and cons.

Networked Wisdom of the Digital Crowd: From Individualization to Socialization through Algorithms-the Paradigm Shift