This document discusses how social, local, mobile, video and cloud technologies are shaping the future of content and apps. It notes that the "global village" is becoming a reality as these technologies allow for more connectivity and sharing. However, it also warns that many new issues will need to be addressed as behaviors and business models change radically. The document emphasizes that the future is about mobility, video, apps, advertising and content in the cloud. It suggests businesses must embrace these changes or risk being disrupted, and should focus on engagement over just return on investment.