Social Bookmarking is like signing up for an electronic file cabinet - free. When you find a website to which you may want to return, or a page that you'd like to save, you file it in this virtual cabinet. You can annotate your files and organize them via 'tagging.' And, there's a whole warehouse full of file cabinets - all kept unlocked. When you have an interest or need for more information, you can go into anyone else's cabinet, browse their folders and access their links. (Note: The saved pages do not appear, the bookmarked links are accessible.) Businesses, committees, departments....can share files and thus share resources. Combine this with RSS (see google reader) and receive notice when something new is added to a selected file. In his book Blogs, Wikis, Podcasts, Will Richardson portrays this tool as one that is creating a new way of organizing information for the future.
In depth description can be found in the book: Blogs, Wikis, Podcasts (Richardson, 2006)
Social Bookmarking sites include del.icio.us, Furl.net, and Jots.com
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