It still amazes me today how fast this shift has changed the way we communicate. This is a fascinating look into the changes within the digital sphere in the last 12 months alone, and a fantastic summary of the magnitude of the social media revolution. If you have 5 minutes, I highly recommend taking the time to watch the video below.
August 28th, 2009 at 2:54 pm
Pretty interesting set of facts.
1) The “in 2009 US DOE revealed that online students out performed those receiving face-to-face instruction,” doesn’t seem to be too convincing. Not that I don’t believe it, but from experience and friends, I feel online classes are easier. Obviously this isn’t an across the board case, but generally I believe it to be true.
2) The “78% of consumers trust peer recommendations, where only 14% trust advertisements”, seems to make a ton of sense. And for me really reinforces the power of social media networks.
Great video.
October 7th, 2009 at 7:09 am
Some interesting thoughts about the “facts” in this video at http://www.rockcheetah.com/blog/social-media/socialnomics-should-not-be-voodoo-economics/