'Gangnam Style' is most watched video in history

Billboard calculates video is watched 76.4 times per second

POSTED: 12:08 PM PST December 21, 2012    UPDATED: 1:04 PM PST December 21, 2012 
PSY Gangnam Style video
(CNN) -

If you have yet to watch Psy's "Gangnam Style" video you may be the only one.

According to Billboard, it just became the first video to garner more than 1 billion views on the Internet (cue the wailing from Justin Bieber fans).

The video recently overtook Bieber's "Baby" video as the most watched on YouTube, breaking the teen heartthrob's former record of 803 million views.

Billboard calculates that "Gangnam Style" is watched 76.4 times per second. They cite Next Big Sound in theorizing that, at its currrent rate, Bieber's video won't cross 1 billion views until 2014.

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