Every Minute, Just About A Days Worth Of Video Is Now Uploaded To YouTube

[woodyear99]

Youtube yes, that is soo much video lol

http://www.techcrunch.com/2009/05/20/every-minute-just-about-a-days-worth-of-video-is-uploaded-to-youtube/

Time Magazine recently called YouTube one of the biggest tech failures of the past decade, which was hilarious. Hilarious in that the site is by far and away the most popular site for video on the web, and has revolutionized the way we view videos, period. Today brings another amazing stat about the site: Every single minute, over 20 hours of video are now uploaded to YouTube.

Think about that for a minute. In that minute, nearly a days worth of footage will have been uploaded. And the pace is quickening. Back in 2007, shortly after Google bought the service, it was 6 hours of footage being uploaded every minute. As recently as January of this year, that number had grown to 15 hours, according to the YouTube blog. Now it’s 20 — soon it will be 24. That’s insane.

It’s true that YouTube is not making Google any money, but when a site has this much dominance over a market, one way or another, there will be a way to effectively monetize it. The big Hollywood studios are already showing an increasing interest in using the platform, as are others — like ESPN.

Meanwhile, YouTube continues to become a bigger part of Google’s larger social picture. Today, the service added a way to immediately record a video response to a video after you watch it. Sure, this is basically what Seesmic has been doing for a while now — but Seesmic doesn’t have 20 hours of video being uploaded every minute.

[W1nTry]

And then we wonder why telcos are wanting to put bandwidth restrictions and caps etc... it's just TOO much load on the internetz

[Crixx_Creww]

dread
i am sooo sick of ole school media trying to act all "with it and hip" and "in the know" about technology, they need to stick to what they know best, money, journalism and snail paced media, there consistent lack of knowing wtf they are talking about in the tech world is really annoying and worse yet, older heads would take their "tech advice" from main stream retards like them and its no wonder that the vast majority of noobs are noobs.

[W1nTry]

There is the other side to what I mentioned, which is greed. The studios and RIAAs of the world see these sites like youtube as threats to their otherwise stranglehold of media and as such are trying to find way to take more moeny from the public to buy themselves more Feraris...