Is it bubble or opportunity? Shall we wait or take part in?
---This article is from http://en.wikipedia.org/wiki/Web_2.0---
The term "Web 2.0" refers to development of the World Wide Web, including its architecture and its applications.
As used by its proponents, the phrase currently refers to one or more of the below :
- a transition of websites from isolated information silos to sources of content and functionality, thus becoming a computing platform serving web applications to end users
- a social phenomenon referring to an approach to creating and distributing Web content itself, characterised by open communication, decentralization of authority, freedom to share and re-use, and "the market as a conversation"
- a more organized and categorized content, with a more developed deeplinking web architecture.
- a shift in economic value of the web, potentially equalling that of the dot com boom of the late 1990s
Many recently developed concepts and technologies are seen as contributing to Web 2.0, including weblogs, wikis, podcasts, rss feeds and other forms of many to many publishing; social software, web APIs, web standards, online web services, AJAX, and others.