WEB 2.0, Money and Mankind

All of us blogging, posting videos, podcastings, contributing to online encylopedia's and even using mail platforms like gmail are using web 2.0. More recently AT&T's Blue Room which is an interactive consumer entertainment site comes under Web 2.0.

So what is WEB 2.0? In every case of a web 2.0 enterprise, people collaborate with companies and contribute to sites. Web 2.0 is the "Participatory and Dynamic Web" More readings Here At an institutional level Web 2.0 companies represent the second wave of technology advancements and company formation. Web 1.0 companies generically are said to be formed between 1993 and 2000. Formed after the bubble burst, web2.0 offers a "more aggressive presence through self-publishing, video blogging and podcasting" (Source: Alan Weinkrantz from SATechBlog.com).

Moreover, telecom companies are fearing a threat from Web 2.0, Web2.0 is affecting the US political strategies. Interestingly, average Joe like me has been named the Person of the year by Time

Still confused about Web2.0, digg it.

Related / Source: Risemedia