Wednesday, March 8, 2017
A Wall Street Journal report supports my strong belief that online video is the wave of the future in a way that is hard to imagine today. The WSJ headline:
YouTube Tops 1 Billion Hours of Video a Day, on Pace to Eclipse TV
Google unit posts 10-fold increase in viewership since 2012, boosted by algorithms personalizing user lineups.
YouTube viewers world-wide are now watching more than 1 billion hours of videos a day, threatening to eclipse U.S. television viewership; a milestone fueled by the Google unit’s aggressive embrace of artificial intelligence to recommend videos.
YouTube surpassed the figure, which is far larger than previously reported, late last year. It represents a 10-fold increase since 2012, YouTube said, when it started building algorithms that tap user data to give each user personalized video lineups designed to keep them watching longer.
Feeding those recommendations is an unmatched collection of content: 400 hours of video are uploaded to YouTube each minute, or 65 years of video a day. [More …]