Picked up from Scoble a very interesting video of Chad Hurley (the CEO and one of the co-founders of YouTube) presenting to the US congress on the subject of online video.
I wonder if Chad imagined some few years ago as a startup that he would one day end up talking to congress?
Chad states 3 objectives of YouTube as;
- Promoting community
- Advancing democracy and
- Driving economic growth
Although they sound like quite grand ambitions he has some pretty powerful use cases to back that up. Chad used his opportunity in front of congress to promote the idea of an open internet.
The future of online video? According to Chad;
1) More originally created content
2) A critical mass of content from small providers
3) Empowering users to create and consume media in different ways
4) Enhance understanding between different countries through the power of video!
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