Connected Home Conference: Geof Heydon (Alcatel Lucent)
He also spoke of the boom in user-generated content and how that will affect traditional television broadcasters. In fact, in the past two months, more content has been uploaded to YouTube than has been broadcast by Channels 7, 9 and 10 since their inception. And, even still, YouTube is not making much money.
Also, Facebook is now the third largest country in the world with over 300 million users – trailing only China and India.