Blogging is still a great medium. Some will argue that vlogging and livestreaming is going to replace blogging in the long run. These mediums well may surpass blogging in the long run. In fact, people now seem to think if you vlog, they will come. And there's some truth to that, just as blogging was 10 or so years ago. But there's a good reason why.
The reason blogs could take off so easily years ago? Less competition. I mean, A LOT less competition. You could become an authority very easily. Not so much now.
So why can you vlog so easily now, wheras blogging was king of content in the past? Videos are, for a great many people, easier to consume. I'm not really one for making videos. Mine would probably be kinda boring. But really, vlogging and blogging are the same things – just different mediums. It takes even more thought and effort in some ways, in fact, since you're producing a little TV show or mini-movie with each video you make.
That isn't to say blogging is easier, either. But with blogging, it's a lot easier to remain anonymous, which is probably why it's still so popular. You can do it with vlogging with the right tools, but still... while vlogging is growing extremely quickly, the competition is getting extremely fierce!
As with anything online, though, you can get found. If you are really set on starting a blog, a vlog, podcast, or some combination of those, don't be discouraged! It just takes a lot more work now. Sometimes that's zeroing in on a very specific niche that no one's covered well enough; that's often where the money is now. But with the right networking, a ton of hard work, and a little luck, you can realize something of your content creation dreams.
Will it happen overnight like it may once have done? Probably not. But you won't know what might happen until you do it!
After all, getting started is the hardest part!
~ Phoenix <3