The rapid rise of social networks and mobile video will recreate the Internet

CNET technology news network June 14 international report at the global Internet Summit held on Monday, Piper Jaffray analysts said that in the next few years, social networks, mobile video, googlism will continue to change the internet.

Speaking of the fictional term googlism, Safa, Senior Analyst and managing director of Piper Jaffray, said the Google revolution is not over yet.
 
 
 
He said Google has inspired many new companies.

SAFA will elaborate on the current Internet Trends at this meeting. The topics of this year's Conference include online entertainment, advertising, international markets, and social networks. SAFA said that although some people doubt its ability to make money, social networks will change the future of the Internet.

Social networks represented by Myspace.com are already challenging traditional portal websites. SAFA said that, based on the page views per month, MySpace has exceeded MSN and AOL, and its traffic is equivalent to 75% of Yahoo!'s traffic.

ComScore analyst James was surprised by the rise of MySpace when speaking at a seminar. In March, MySpace attracted 50 million users. He said that Google's growth speed is not so fast. Growth of growth is slowing down over time.

Another participant raised doubts about whether or how these companies can make profits, and compared video websites such as social networks and Youtube.com with the Internet bubble of the year.

SAFA said the growth opportunities will be favored by Chinese and young netizensCommunityFor example, many family social websites have begun to gain benefits. SAFA suggested that Yahoo and other portals should cooperate with social media sites such as MySpace.

SAFA said that the growth rate of the Internet advertisement market in the United States is still lagging behind that of Internet users.

According to ComScore, about 0.172 billion million Americans access the Internet each month, but this year, the online advertising market is only $16 billion, accounting for only a small portion of the hundreds of billions of dollars advertising market. In the next 10 years, the gap between the two will be narrowed, but the two cannot be at a considerable level.

SAFA pointed out that content and communities will be areas worth investment and growth. The researchers said, however, the advertising gap cannot be filled by blogs and social networks, because a blog may contain some annoying content, advertisers generally do not want to associate their products with such content.

SAFA said that mobile phones are another growth opportunity, and video will be a useful supplement.