User-Generated Content or UGC refers to the online content like digital video, blogging, podcasting and mobile phone photography produced by netizens (online community) like me rather than publishers and TV producers. UGC has seen a phenomenal growth in the last two years and I see this growth continuing in the coming years. UGC is also part of the phenomena called social networking, as most of the time this user generated content is meant for a particular social group and thus advancing their networking. Wikipedia which is the free encyclopedia started by Jimmy Wales in March 2000, was the first attempt to tap the huge potential of the user generated content. Today I believe it is the most widely used encyclopedia site and all its content is generated/edited by netizens . Jimmy the noble man he is, did not try to profit from this and Wikipedia remains a non-profit effort. But others who followed him like Flickr , YouTube , MySpace , Facebook , and Second Life are making big buc...
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