Launched in 2005, YouTube has been a making a huge social impact by making it possible for anyone with an Internet connection to post a video and let audience from different parts of the world watch. Thanks to YouTube, video sharing has turned into one of the most important parts of the Internet culture as it helps fuel innovation:
TED’s Chris Anderson says the rise of web video is driving a worldwide phenomenon he calls Crowd Accelerated Innovation — a self-fueling cycle of learning that could be as significant as the invention of print. But to tap into its power, organizations will need to embrace radical openness.
source:www.ted.com