Watch Socialnomics author Eric Qualman, discuss the impact that social media has on the way we live and do business. Social media and commerce expert and award-winning author updates social commerce conference audience with latest B2B social trends.

As technology improves and changes, it also changes the way we live. It took radio 38 years to reach 50 million users. It took TV 13 years, the Internet four years and the iPod just three years.

The star of social media is Facebook, which added 100 million users in just nine months and now has over 500 million users. If Facebook were a country, it would have the third largest population behind only China and India. The fastest growing segment of Facebook is women ages 55 to 65.

We no longer search for the news; the news finds us. More than 1.5 million pieces of content (web links, news stories, blog posts, notes, photos, etc.) are shared on Facebook daily. In the near future we will no longer search for products and services. They will find us via social media.

One out of eight couples married in the United States last year met via social media.

The youngest techies, born after 1995, consider e-mail passe. In 2008, Boston College decided to stop distributing e-mail addresses to incoming freshmen.

For those who prefer their communications in 140 characters or less, a Twitter account is a must. Ashton Kutcher and Ellen DeGeneres have more Twitter followers than the entire populations of Ireland, Norway and Panama. Approximately 80 percent of Twitter usage is from mobile devices; people update anywhere and anytime.

The apps for Black Friday sales changed the way shoppers planned their retail strategy.