What The Hell Is Web 2.0?

Posted on January 9th, 2007 by Simon Chen

It’s one of those buzz words. You know, people start referring to it and you think, rather than look like a dork, you may as well refer to it by the same name, even if you have no clue what it is.

I was fortunate enough to be living and working in the US when the first dot com revolution imploded. It was like watching a spectacular plane crash in slow motion.

Now the dust has settled and venture capitalists and Wall Street have long since forgotten the pain, everyone is referring to the “Web 2.0″ era.

The success of Google is in part, fueling the hype.

Tim O’Reilly of O’Reilly Media has the best explanation I’ve seen.

Web 1.0 Web 2.0
DoubleClick –> Google AdSense
Ofoto –> Flickr
Akamai –> BitTorrent
mp3.com –> Napster
Britannica Online –> Wikipedia
personal websites –> blogging
evite –> upcoming.org and EVDB
domain name speculation –> search engine optimization
page views –> cost per click
screen scraping –> web services
publishing –> participation
content management systems –> wikis
directories (taxonomy) –> tagging (”folksonomy”)
stickiness –> syndication

Full article is here.

And by the way, Happy New Year to everyone. My apologies for the tardiness of recent posts.

2007 promises to be the year of consolidation in the online world. Much is afoot, both here in Australia and globally. It promises to be one hell of a year. More to come…

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