Wednesday, October 20, 2010

Is Social Media just a fad?

What sort of beast is social media, is it just a fad or is it a paradigm shift in how we interact and do business? Some interesting statistics listed in a short five min video, have a look. Watch the video

What happens in Vegas stays on: Facebook, Twitter, Orkut, Bebo, Flickr, YouTube and . . . etc

Number of years to reach 50 million users:
Radio - 38 years
TV - 13 years
Internet - 4 years
Ipod - 3 years
Facebook got to 100 million users in just 9 months.

All the signs point to the fact that the change has already happened, perhaps we have already forgotten what the world was like before social media.

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