Is Tom Peters right?

Last night I was having a conversation with my good friend Tom Peters regarding the benefits of blogging. I was saying that it is not as important to me to build community or generate comments on this blog as it is to build contextually relevant content which will generate more search engine results.... "Plus," I added, "there are not enough people (if any) actually READING the Clear Path blog to generate comments...."

Tom said:

"I think you may be wrong. You need to construct your blogs differently and explicitly ask for opinions from your readers. Ask 'What do you think?' "

Ok.... is Tom Peters right? Are people actually reading this blog but simply not commenting?
What do you think?