Social Media Revolution !!!

Everyone is aware of the term Economics but how many of you have come across Socialnomics ??..Not many but i can assure you that most of you are using it without actually knowing what it actually is. Is all the hype surrounding social media justified or is it just a fad.Is it the next revolution? The video shows it’s not a fad and here are some hardcore statistics that show that it’s actually the biggest thing since the industrial revolution.

So what’s your opinion?? Is Social Media the next Industrial revolution??