Not 2.0?: “More immediately, Web 2.0 is the era when people have come to realize that it’s not the software that enables the web that matters so much as the services that are delivered over the web. Web 1.0 was the era when people could think that Netscape (a software company) was the contender for [...]
Sharecropping the long tail: Nicholas Carr Carr argues here that the aggregation of trivial items from individuals is creating massive value for businesses such as MySpace and Facebook (combined the two sites account for 17% of all page views in November 2006) and suggests the explosion of web content has been brought about through a [...]
Time’s person of the year: you : Lev Grossman In 2006, Time magazine awarded “you” the Person of the Year award. They did this in recognition of the new reality of web 2.0 and the manner in which people around the world were sharing all manner of information for free. “The new Web is a [...]
The economic value of user contributions to Internet sites: Andy Oram Useful starting point where the author points out that many Internet businesses have huge valuations with only small amounts of physical assets on their balance sheet. “The phenomenon of building a business on user-provided data is not completely new (for instance, a colleague reminded [...]
I’ve spent the last 4 hours defining a thesis statement for my final essay. I’ve come up with “Does the Internet enable new means of creating economic value from information?” I’m a slow writer, huh?
Folksonomies Tap People Power Daniel Terdiman Useful summary of the ways in which tags and folksonomies work, particularly commenting on the way tags on delicious tap into the power curve. “The job of tags isn’t to organize all the world’s information into tidy categories,” said Stewart Butterfield, one of Flickr’s co-founders. “It’s to add value [...]
Dave Weinberger writes about the ways in which we order our world. He claims we are either lumpers or splitters, referring to the way in which we tend to divide or combine information to achieve our objectives. Weinberg uses the example of the way in which we might arrange a linen closet – combining sheets [...]
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