A Yahoo! exec friend of mine commented on a call today that Flash should be named “the technology of the year” because it enabled Internet video and let sites like YouTube and Heavy get big very fast.

I had never quite thought of it that way but imagining online video without Flash is difficult (think Windows Media or QuickTime downloads or some Java applet rooted in early days of the online adult industry).

I wonder what will the impact of Flash Lite on the mobile ecosystem be…