According to an Oxford Economics analysis report, the creator ecosystem of video sharing network YouTube contributed almost Rs 10,000 crore to India's GDP in 2021. During the same period, it supported over seven lakhs+ full-time equivalent employment in the country.
YouTube Contributed
Creators on the Google-owned platform are estimated to have contributed Rs 6 thousand crore to the country's GDP and supported the estimate of 6 lacs jobs in 2020.
The research, released Monday at the Google for India event, polled over 5,000 YouTube producers of all sizes, 4,000 viewers, and 523 companies from various industries.
YouTube is intertwined into the fabric of our lives in India. We are thrilled that YouTube's creative environment continues to propel India's creative economy, creating new employment and opportunities throughout the country.
YouTube Contributed
At the event, YouTube and Google introduced new products focused on machine learning and artificial intelligence (AI/ML).
YouTube revealed two new features to improve its education and wellness content offerings, while Google announced significant upgrades to its type and voice search services.
YouTube is testing an AI/ML-enabled service called Aloud, which can transcribe and dub videos in various regional languages for free. Only a few healthcare providers have access to the capability right now.
YouTube said it would collaborate with more medical institutions, including Narayana, Manipal, Medanta, and Shalby, to generate credible material in over 100 languages, including Hindi, Marathi, Tamil, Telugu, Kannada, Gujarati, Bengali, and English.
The business stated that the final translations are checked by both the developer and partner teams to ensure correctness.
YouTube has launched a new learning feature called 'Courses,' which allows creators to provide viewers with multi-session video lectures for topics and add extra learning resources like PDF files in addition to videos.
YouTube stated that video producers would have eight monetisation options, with Courses being an additional resource. Qualified artists in India will be able to give free or premium Courses to viewers beginning next year.
Using Google's new multi-search functionality, a user's Lens-based visual query may be modified further by adding vital textual phrases. So, if you want to discover a dress with a specific pattern, you're visual of the design may be customised further using keywords for the garment's colour, brand, or style.
Summary YouTube Contributed-YouTube Contributed
In 2021, the creator economy contributed Rs 10,000 crore to GDP, up from Rs 6,000 crore in 2020. Seven hundred fifty thousand full-time equivalent jobs will be created in 2021, up from around six lacs in 2020.
Two new features have been added.
• Aloud: An AI/ML-enabled auto-dubbing software that can freely translate and dub films in various regional languages.
• Courses: It will enable authors to provide multi-session video courses and additional learning tools.
Google lens
• Every month, more people in India use Google Lens than any other country on the planet.
• The proportion of Indians who use voice inquiries daily is about double the worldwide average.
• Most Google users in India prefer to utilise more than one language while searching online.
YouTube Contributed
Creators on the Google-owned platform are estimated to have contributed Rs 6 thousand crore to the country's GDP and supported the estimate of 6 lacs jobs in 2020.
The research, released Monday at the Google for India event, polled over 5,000 YouTube producers of all sizes, 4,000 viewers, and 523 companies from various industries.
YouTube is intertwined into the fabric of our lives in India. We are thrilled that YouTube's creative environment continues to propel India's creative economy, creating new employment and opportunities throughout the country.
YouTube Contributed
At the event, YouTube and Google introduced new products focused on machine learning and artificial intelligence (AI/ML).
YouTube revealed two new features to improve its education and wellness content offerings, while Google announced significant upgrades to its type and voice search services.
YouTube is testing an AI/ML-enabled service called Aloud, which can transcribe and dub videos in various regional languages for free. Only a few healthcare providers have access to the capability right now.
YouTube said it would collaborate with more medical institutions, including Narayana, Manipal, Medanta, and Shalby, to generate credible material in over 100 languages, including Hindi, Marathi, Tamil, Telugu, Kannada, Gujarati, Bengali, and English.
The business stated that the final translations are checked by both the developer and partner teams to ensure correctness.
YouTube has launched a new learning feature called 'Courses,' which allows creators to provide viewers with multi-session video lectures for topics and add extra learning resources like PDF files in addition to videos.
YouTube stated that video producers would have eight monetisation options, with Courses being an additional resource. Qualified artists in India will be able to give free or premium Courses to viewers beginning next year.
Using Google's new multi-search functionality, a user's Lens-based visual query may be modified further by adding vital textual phrases. So, if you want to discover a dress with a specific pattern, you're visual of the design may be customised further using keywords for the garment's colour, brand, or style.
Summary
YouTube Contributed-YouTube Contributed
In 2021, the creator economy contributed Rs 10,000 crore to GDP, up from Rs 6,000 crore in 2020. Seven hundred fifty thousand full-time equivalent jobs will be created in 2021, up from around six lacs in 2020.
