This document discusses the rise of social media and its impact on marketing, communications, and business. Some key points:
- Social networking now accounts for 19% of time online globally and 25% in the US.
- Businesses are reorganizing around social media and focusing on community engagement, content, customer service, and commerce through social platforms.
- The social web is disrupting industries like news, shopping, and entertainment by expanding notions of media and changing how content is discovered, distributed, and consumed.
- Emerging technologies like mobile, gamification, real-time analytics, and 3D printing will further transform user experiences and business models.