Nicola Mendelsohn, Facebook’s vice-president for Europe, the Middle East and Africa, was asked about what the network would look like in five years in terms of content, while speaking at Fortune’s Most Powerful Women International Summit in London on Tuesday.
“We’re seeing a year-on-year decline of text,” she told the audience. “If I was having a bet, I’d say video, video, video.”
This is so true. I am already seeing it in my news feed. When I scroll down sometimes it’s ten videos in a row I am seeing and no text. Sometimes my news feed lags because of so much video.
That is why I started my own Youtube channel 2 years ago because I can see that video was going to be huge. I still don’t upload video directly 100% because Facebook has not yet thought of a way to help creators like me to make money. As well not found a way to stop people from still videos and uploading it themselves and getting the views instead.