Bubble

Isn’t it obvious what Web 2.0 is?

There’s a lot of talk and angst about what Web 2.0 is or means. Isn’t it obvious? Web 1.0 was the time period between Netscape’s IPO and the March 2000 dot-com crash. It was exemplified by irrational exuberance, over-funding, and massive hype, but also by the mass-deployment of fundamental consumer-facing technologies, the birth of huge, high-margin businesses overnight, and a massive creation and transfer of wealth.

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