Today's class focused on several technological advances that have made a profound impact on the way we live our lives - the Internet, blogs, smartphones, YouTube, and apps in particular. Despite Prince's wishful thinking last year (Prince interview), the Internet is not going away. The Internet contributes more than 1.5 trillion dollars per year to the global economy, more than the GDP of Canada (economic study).
Mr. Porter mentioned that some full-time bloggers make six-figure incomes. The 2010 State of the Blogosphere report indicates that most bloggers who earn income generate less than $20,000 per year. The report is an interesting read, with lots of charts (Technorati report).
Another area with income potential is app development for smartphones, a lucrative venture for a growing number of tech-savvy people. The app industry is growing exponentially and will provide many more opportunities as the industry expands. A recent article in Businessweek discusses the potential for HTML5 and WebKit to allow apps to become more dynamic (publishing apps).
