Instagram is Facebook’s YouTube

Instagram adopting short videos will be insanely popular and businesses should be brainstorming ways to put this functionality to use for their (and their followers) benefits…

Source: Instagram Will Get Video On June 20 | TechCrunch: “Getting video on Instagram is a move that would make sense. Specifically, it looks like a direct response to the rising popularity of video-sharing services, namely Twitter’s Vine. It, and others like Viddy, Cinemagram and Socialcam, sometimes get described as ‘Instragram for video’ apps.”

From the many reports on Techmeme following an invite from Facebook central, it looks like video addition to the service will be formally announced on June 20.

Facebook’s acquisition of Instagram for one billion dollars last year raised more than a few eyebrows as bloggers, skeptics and business papers wondered how people’s pictures of sushi could be worth that much to Faceobok (who was already dealing with a flopped IPO at the time).

However, Facebook’s acquisition of the photo sharing service was brilliant.

Instagram has become a major social network in its own right and the social interactions there go well beyond photo sharing. Middle schoolers, high schoolers and influentials in the highly prized 18-24 demographic are using Instagram at an incredibly high ratio and that’s only going to continue to expand upwards on the curve (even as the mothership of Facebook has shown slower growth and some fatigue from this demographic).

To put it another way, the kids are all moving to Instagram (and Kik, Snapchat etc) as the old folks flood into Facebook.

Adding video functionality to Instagram is a no-brainer as Twitter’s similar Vine service has been growing in popularity with its ability to broadcast looping 6 second videos.

Whether or not you understand what Vine and (soon) Instagram videos can do for your business, it’s important that you put on your thinking hat. This is going to be big.

To put it simply… Instagram is the YouTube of Facebook.

Learning And the Fragility of the Web

Kevin Marks has a great post connecting the notion of necessary complexity with the state of the web and our willingness to throw all of our content (pics, music, text etc) into the hands of silos and walled garden social media networks:

Epeus’ epigone: The Antifragility of the Web: “If you’ve read Nasim Taleb’s Antifragile, you know what comes next. By shielding people from the complexities of the web, by removing the fragility of links, we’re actually making things worse. We’re creating a fragility debt. Suddenly, something changes – money runs out, a pivot is declared, an aquihire happens, and the pent-up fragility is resolved in a Black Swan moment.”

The latest Instagram debacle over who owns user generated pictures points to a rising tide of web users who want more than just partial ownership of what they create simply for the sake of sharing. We’ve had another system in place for over a decade now with blogs and feeds.

Of course, it’s much easier to slap a filter on a photo and upload it to Instagram or Facebook and reap the benefits of the likes and comments received rather than uploading an image to a hosted blog and going through the necessary hoops of making sure your friends are subscribed etc.

However, this complexity begets savvy users and people who understand the fragility of the web and its main currency (the link) and why a web that is open and not centralized around one corporation is worth protecting

It’s one reason that, as a teacher, I’m big on portfolios (blogs) written and curated by each student and interlinking with other student blogs. In some small way, I hope this learning process helps young people who are setting the stage for the next iteration of the social web to appreciate what it means to have an individual name space and participate in the democracy of the commons rather than just the fiefdom of Facebook.

I’m picking up Taleb’s Antifragile tomorrow (I’m back to reading dead tree editions of books for philosophical reasons but that’s for another post).