Viewing and experiencing art

In case you've been sleeping at the wheel the art world has a great new medium - the three www.   While stocks might look like a classic w (dub yah out west) photography, video and film are quickly becoming homogeneous.  The technology is forcing an exponential change in what once was considered the still.  Will crowd sourced art be one of the outgrowths in the media art world?
Manufacturers like Canon are pushing your camera into one technically powerful tool to shoot images - still and motion.