O’Reilly Media coined the term web 2.0 back in 2003. CEO and Founder Tim O’Reilly talks web 2.0, and the web as a whole, in this podcast on podtech. He provides a good overview of the Internet’s course and what we might expect in the future.
He discusses how early adapters of the web tried to imitate television media as a one-way communication, entertainment and sales platform. The only survivors of the dot bust (”web 1.0″) are the companies who harnessed user data and interaction. Amazon is one such survivor. They introduced reviews and user ratings very early on. They’re still going strong today, and moving into the digital music market to challenge Itunes.
Tim says Web 1.0 was really a gestation period of what the web is maturing to be:
Web 2.0 is really web 1.0 Everything that is happening today was implicit from the start in the web.
Tim also mentions latest buzz companies such as Twitter, Jaiku and Spock, tools that serve self-expression on the web.
Read more on Tim O’Reilly at wikipedia.
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