Key Video From The World Economic Forum's Social Networking Powerhouse Panel

Each year the World Economic Forum at Davos holds number of technology focused sessions. Last year I moderated a high profile discussion about the next digital experience. This year, Loic Le Meur is hosting a discussion on the growth of social networks.

Participants include Reid Hoffman (LinkedIn, Greylock), Owen Van Natta (MySpace), Gina Bianchini (Ning), Evan Williams (Twitter) and George Colony (Forrester Research) and Don Tapscott (nGenera). Randi Zuckerberg, Jeff Jarvis, Russian super-investor Yuri Milner and others also dropped by to participate.

The room is packed, standing room only, and bursting at the seams. These guys are popular in Silicon Valley. Bring them to Davos, Switzerland and everyone wants to hear what they have to say.

Each panelist is giving a short 3-4 minute talk on how they frame the interesting issues around social networking (Hoffman says, for example, that privacy is only an issue for old people, young people don’t care.). We have videos of most of these comments and will embed them below as we process them..

Seven of the 15 most traffic sites in the world are social sites, Colony says in his intro. Only 17% of online users will visit a social site each day, though, including mobile usage. This varies widely by age – 27% of those 25 and under will visit a social site each day.

Below are clips from Hoffman, Van Natta, Bianchini, Williams and Zuckerberg: