Television is going the way of the dinosaur, and the deadly comet is called BitTorrent Live. Today, Bram Cohen, the author of the BitTorrent peer-to-peer sharing protocol, demoed his latest creation at the SF MusicTech Summit.

BitTorrent Live lets any content owner or publisher stream video to millions of people at good quality and with just a few seconds of latency…for free or cheap. Sports, news events, simulcast TV shows, education, video conferencing, or uncensored war zone broadcasts — this technology will power the future of video.