The success of social media sites like Facebook, Youtube, Myspace, and Flickr reflect a change in the way people use the Web. Current estimates are that over one third of all new material being added to the Web is user-generated content from sites like these.
Business leaders and VCs have taken note, and this is probably the most active area for new Internet startups and new ventures from established businesses. There’s a demand for people who understand the phenomenon, the technologies that make it work and the new technologies that will enable the next wave of successful services and sites. Who knows, maybe you can be the next Mark Zuckerberg. (If you do, please remember your alma mater.)