Facebook is eating up more and more of the time we spend on the web at the expense of all other sites, according to an analysis by Ben Elowitz CEO and founder of Wetpaint. If you exclude online video and mobile web consumption, Elowitz claims, "the web is shrinking." In the future marketers should spend less time on SEO and more time on optimizing for Facebook, argues Elowitz.
Chart and more at AllThingsD.