Another great study released by the Pew Internet & American Life Project.
The Technology & Media Use report discloses that while “adoption of high-speed internet at home grew twice as fast in the year prior to March 2006 than in the same time frame from 2004 to 2005,” nearly 50 million Americans have posted their own content to the web.
At GigaOm, Robert Young believes that MySpace and other social-networking hubs are the primary reason for the uptick in user-generated content:
To some extent, self-expression should be viewed as a new industry, one that will co-exist alongside other traditional media industries like movies, TV, radio, newspapers and magazines. But in this new industry, the raw materials for the ?products? are the people?
The Pew report also points out the disappearing digital divide. More web postings are generated from within household’s under the $50,000 income threshold, than above it.