I’m sure you are all aware of the phrase “if you pay peanuts you get monkeys”, but what about if you pay nothing at all? It seems this is what many of us are working for and may not even know about it.
Phenomenon’s like YouTube and Facebook have all become multi-million dollar businesses with spending virtually nothing whilst doing so.
YouTube is now such a widely used website it’s hard to imagine that before February 2005 it didn’t even exist. Now, owned by Google and worth a possible $45.7 billion, YouTube runs a partnership scheme where popular video makers have the chance to earn money for their videos. This scheme works on a ratings method and although it may sound like an easy job, it is a number less than 1% of all YouTube users that gain any revenue from posting videos on the site.
The truth is that, even without consciously working like a YouTuber would when they sit in front of their camera filming, then in front of their laptop editing and uploading numerous times a week, many of us are working online.
Something as simple as adding a hash tag (#) at the end of a tweet could be considered ‘working’ on the web. This is because it all helps the sorting process the internet goes through. For more information on this read my blog The Semantic Web and BIG Data here.
As always I have added my links at the bottom:
• http://en.wikipedia.org/wiki/History_of_YouTube
• http://www.fastcompany.com/1514469/brief-impactful-history-youtube
• http://www.businessinsider.com/key-turning-points-history-of-youtube-2013-2?op=1
• http://www.valuewalk.com/2012/03/google-inc-goog-youtube/
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