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March 06, 2007

Global Neighbourhoods Overview Part 4

This is a brief portion of the Overview, but it will be among the longest portions of the first half of the book, which tries to cover what is happening. keeps those cards and letters coming in. If you prefer, email your comments to me as several people have.

4. A Social Media tour

Social Media stats are both dynamic and astounding. Five times more people visit YouTube every day than reside in the world’s largest cities. MySpace is on track to have 200 million registered users by the end of 2007, making it more populous than all but five of Earth’s countries. Facebook stores over one billion photos for 30 million users, more photos than were processed by Kodak in the

US

between 1990 and 1999. The number of minutes spent messaging on cell phones in any given week might exceed the number of minutes there are in a century.

And this is all in it’s initial phases. Residents of more than 150 countries participate in social media. There are localized and globalize social media sites. An Estonian social network company has over 95 percent of the countries people between the ages of 14 and 25.

Global Neighborhoods will takes the business reader on a tour of these sites, large and small, global and local to show what’s happening and why it matters so much.

We talk to executives and founders. We also interview kids about what they do online and how much of their lives it has become.


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