YouTube had a huge keynote by YouTube Content Partnerships manager Robert Kyncl at CES 2012, you can see it in its entirety here. The talk is about the amazing growth of YouTube, web video is about to represent 90% of all Internet bandwidth. YouTube works to monetize more and more of the web video content. I'd like them to overlay affiliated one-click purchases and price comparisons of the products video-blogged. I believe web video is a huge deal, just as it'll consume 90% of the web's bandwidth, it will also generate upwards 90% of the web's and Google's revenue, profit, learning, information, attention and time spent.
In the following clip, Stan Lee, the creator of the CSI TV show franchise, talks about user generated content on YouTube.