The numbers in this video tell the story: We ARE in a social media revolution. The question then is how do we "revolve" and "evolve" into it? And not just get crushed on the rolling wheels? Or even worse, left behind?
"Take right action!" I say. And so do many others such as market guru Seth Godin on Social Networking and How to Do it Right, and Why Blog.
Check out the video(s) and get inspired.

Wow...I had never really thought of this as a revolution...When is Leeds going to teach Socialnomics 1000?
If we look at what has happened online over the last 10-15 years, then this IS a revolution. The vast ability we have to communicate one-to-one across a variety of mediums is unprecedented. In terms of teaching, my guess is that faculty are already weaving these tools into their instructional methods. As far as an entire class, I encourage you to petition your faculty members. Thanks for commenting.