Three most important (potentially game changing) social media concepts. IMO
Presence – the ability to immediately share my state of being, including my location, from anywhere.
Ownership – the ability to own all the data you are creating. Such as your social graph.
Moments – using the data you have been (or facebook as been) collecting to digitally travel back in time and get a keen sense for what was going on in that moment.
…ok, heading to the Funding Symposium.