Online Video is a Big Part for Future of the Web

In this interview Eric Schmidt, Chairman and CEO of Google discusses what the future of the Web will look like in 5 years and not only will it have a lot of Chinese language in it it will also have a lot of rich media including video.

He has expressed surprise to the quality of the videos being produced for Youtube which also include advertising. My son brought home a Rubrik’s Cube and I wanted to learn the secret on how to solve this little game and sure enough there are plenty of Youtube videos on how to do it…..thank goodness! Frankly it appears that Youtube will probably surpass the cable companies in “quality content” very shortly if they haven’t already.

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