Think that this “social media” thing is a fad? Check out this video from Socialnomics.net:
My personal theory/equation:
(number of recently unemployed people * cheap/free technology (google apps, Amazon Ec2, Wordpress, etc) + the ability to communicate your product service and listen to customers (facebook, twitter, blogs, etc.) = a new way of doing business, worldwide in realtime.
Need proof that this is affecting every part of our society? My mom sent me this video.
