(Response to #7)
Most people in the world with Internet use social media. Social media has become a lifestyle for many. Social media is also a big part of the media world. My vision is that in the next five years, all the media sites will be interconnected to one or two social media and everyone will get information based on what he/she subscribes to, because few big companies will own most of the media.
Due to media ownership, big companies are growing bigger by buying out growing companies. Some examples would be Google buying YouTube, or Facebook buying Instagram. This leads me to believe that in the next five years, few big companies will control most of the media. Even if the people make the content, the big companies will be the one in control. This will lead to a very big filter system. People will subscribe to what kinds of news they want to hear. Advertisements and suggestions will be filtered through what a person subscribes to. Most people will be connected on the same social media. This media will be interconnected to all the media outlets, because of media oligopoly. With the growing technologies, the news will pop up instantly in one’s profile which can be accessed anywhere. This social media will be accessible almost anywhere just like Facebook or Twitter. Because of media oligopoly, people will have to subscribe to the entertainments. Subscription system will be big for these monopoly companies to generate money. Therefore social media sites such as Facebook, and Twitter will be important, but will be controlled by one bigger company.