Future Of Media And Crowdsourcing News

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Future of media and crowd-sourcing newsHow is internet changing the way we obtain and spread news

Aditya Rao http://adityarao.name @adityarao310

Co-founder and Chief Troublemaker @

• Cheapest mode of publishing news• No tools required for consumption• Time lag in reporting news

• Quick dissipation • Reached millions between 1900s – 1980s• Just audio is not enough

• Combines audio with visuals• More engaging• Is this the final answer to our communications needs?

What is missing here?

These are all one way

communications!

TO TRULY UNDERSTAND FUTURE OF MEDIA, LET’S LOOK INTO OUR PAST

Let’s travel back in history a bit

• Imagine the cave man. Millions of years ago• Living in small tribes• Hunting with fellow cave-men

You know how the caveman told stories?

He talked, man !

• Why does being social work?• It gets us closer to true human traits• Contributes to the storytelling process

• How is the internet changing things?• The size of my tribe has increased • I can connect with my tribe in seconds• It’s a seamless platform for text, video and audio

Old model

Source

Journalist Story

Newspaper

New model

Source

Source

Source

Source

Journalist Comments on story Follow up story

How is it changing the business?

Anyone can create

content !

Source

Blogs

Tweets

Uploads videos

Uploads pictures

Edits a wiki

Comments on forums

Bookmarks

Shares

The collective wisdom of the crowd

Everyone is a

journalist !

• Mumbai terror attacks, 2008• Live tweets, blogs and pictures from the scene

• May 07, 2009• Earthquake 60 miles off the Twitter headquarters in SF• Topic ‘earthquake’ trends on internal dashboard 5 seconds before the shock waves reach SF• News reached faster than the quake!

NDTV Social

Journalists on Twitter

The burning Carlton Towers

MSNBC buys a Twitter account for 1M $

CNBC takes feedback from Twitter: Saves cost

Citizen Journalism websites

Weird stuff: Ijustmadelove.com

Is the internet your enemy?

Nope !

• As certified experts, you need to give credibility to sources• Find breaking news from this collective wisdom• Analyse junta’s opinion / sentiments to a story

• Who is tomorrow’s journalist?• A multimedia storyteller• A community builder• Blogger and curator

Tools of a social journalist

What is the future of media?

Real time + social !

• Internet and TV come together via DTH > Social TV• More real time platforms > Twitter• More location based services > Mobile• More social communities > Crowd sourced

Thank you!contact@superchooha.com

+91-99677 97775

Aditya Rao http://adityarao.name @adityarao310

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