You may rest assured that this situation will not last.
The web is best when it tears down the friction that separates information from the people who need it. The folks who work hard mining data manually today will be flipping burgers in the near future. The skills required to move forward are unlike the ones being taught. Contemporary sourcing is a dead-end occupation with little in the way of transferrable skills.
Next generation recruiting is about relating intimately, not about mutual discovery. It's about fidelity and long term value exchange, not one night stands. It's about data that updates itself because the relationship is constantly working. Finding each other? Easy. Building an enduring relationship? Hard.
For a while, sourcing will be a high dollar, easy pickings income source. But, in the relatively short term, the need for the expertise will evaporate. Former sourcing luminaries will be familiarizing themselves with the alarm on the French fry machine and the relative difference between Rare, Medium and Well done.
Evaporate, as in "What air freshener scent would you like with your car wash?"
So, what do you do if you're a sourcer (or any kind of Recruiter, for that matter)?
RA, I'm gonna say this out loud because, after all, it's the 800 pound gorilla in the room that nobody really seems to want to talk about and is at the root of why we're having all this discussion about sourcing being "dead."
UNLESS you're willing to invest in yourself to learn the extraordinary online search techniques being espoused by people like Shally and GlenC and GlennG (and a few others) Internet search (as a profession) is going to continue to be decimated (and denigrated because of) board scrapers who put this activity forth as "sourcing".
THIS IS NOT SOURCING - THIS IS BOARD SCRAPING.
AND UNLESS you're willing to get off and over your fear of the telephone and LEARN TO PHONE SOURCE you will NEVER MAKE a million dollars (and more!) in fees in any one year. You won't even come close and that's a fact, Jack.
SORRY to burst your bubbles but this ain't Kansas anymore.