I came across a few interesting tidbits today. First, I found a video of Geoff Ralston on AllThingsd.com talking about a new venture he is doing. He’s a former Yahoo exec who is now investing and helping new companies in the education field. He provides funding to help them get started and then I’m sure he get a cut of any profits.
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There are lots of people like him in the tech world. Why? Because they know that whole new industries can come out of nowhere on the Internet. A great example is YouTube.
YouTube just turned 6 this week. Nobody knew when it first started that it would be this successful. It was just so new. Think about the world that existed before YouTube. People got their entertainment from TV and movies. Blockbuster rented tons of movies every day. It was hard to believe that they would be bankrupt this year.
To some numbers on it, also from the website Allthingsd.com
- YouTube users are now uploading 48 hours of video a minute. That’s up 37 percent in the last six months, and 100 percent in the last year.
- YouTube users are now watching more than 3 billion videos a day. That’s up 50 percent from the last year, which is also a huge leap, though the growth rate has declined a bit: Last year, views doubled from a billion a day to two billion in six months.
It’s important to note that very few people saw this coming, the existing players in the entertainment field least of all.
As we look at the field of education, it’s hard to imagine anything changing drastically from the current factory model, but that is the perfect conditions for a massively disruptive innovation. People are working on it right now at Internet speed.
Education Stormfront 
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