Gertex and I hooked up on skype last summer, and we both exchanged Gary Vaynerchuk video links while talking about how to monetize a community.
We were on the same wavelength.
I am one of those guys who still doesn't have a facebook account, and just got his first cell phone 3 months ago. But I know Gary is right. Social and open is the future. People are searching social networks more and more, and algorithmic results less and less.
Not sure SEO is dead, but people doing SEO with tactics out of an ebook that was old when it was published 4 years ago are falling behind the curve.