The actual bet is: "In a Google search of five keywords or phrases representing the top five news stories of 2007, weblogs will rank higher than the New York Times' Web site."
According to Kottke's analysis, which tracked eight top-story search terms for 2005, blogs appeared higher in Google than the NYTimes.com for six of the eight terms. But when expanded to all citizen's media versus affiliated media, the results flipped. News sites of offline media organizations appeared higher in the search results six of the eight times.
For more detail, see kottke.org
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