The document discusses the digitization of traditional media like photos, videos, and audio that can now be created and accessed via computer. It outlines the advantages of digital media production like greater content creation abilities and advertising opportunities. It also notes the importance of perfecting existing technologies to better serve people online by allowing them to upload content and connect socially. The document concludes by stating that future digital media industries will likely use perfected existing technologies to meet people's needs rather than relying on new untested technologies.