adamlazz writes: "With an explosion of online video content on sites like YouTube and Google Video, Bill Gates believes that the Internet will revoloutionize the television within the next 5 years.
"I'm stunned how people aren't seeing that with TV, in five years from now, people will laugh at what we've had," Gates told business leaders and politicians at the World Economic Forum.
From the article:
The rise of high-speed Internet and the popularity of video sites like Google Inc.'s YouTube has already led to a worldwide decline in the number hours spent by young people in front of a TV set.
In the years ahead, more and more viewers will hanker after the flexibility offered by online video and abandon conventional broadcast television, with its fixed program slots and advertisements that interrupt shows, Gates said.