Imagine a world where the video literacy rate surpasses reading and writing. I can make money giving tuition to school kids! Hahaha!
A video literate world
By Zan Azlee
AUG 20 — When television started, it was a very exclusive industry. Only those who had the resources (i.e. money) could be involved. This was the case for all media. The Internet comes around and turns the whole business model upside down. Basically, barriers of entry like cost and technology disappeared. Twenty-four hours of video are uploaded to YouTube every minute. Mega news organisations like CNN and BBC use user-generated content and call it citizen journalism. There’s nothing wrong with user-generated content. In fact, most people know that I am a big advocate of it. However, only a minority is of good quality while a majority of it is crap. [Click to read the rest of the article]