What is Web 2.0?

The internet has evolved into something more than many of us could ever predict. Information is instantly retrievable and knowledge has become limitless. One of the emerging ideas that has gained a lot momentum is user-end interaction with websites. Web developments like MySpace and Facebook are a few examples of how the internet community can come together to form something bigger than a team of web developers could ever produce on their own.

And simply put, that community production is what web 2.0 is all about. Web 2.0 was first coined by Tim O’Reilly at the 2004 Web 2.0 conference (1) as a defining phrase for the second generation of the internet, a collaboration of the many ideas of users all over the world and their contributing efforts to wikis, blogs, social networks and folksonomies.

Many businesses lately have been evolving into 2.0 standards. A company that I have grow and develop is Revision3. Revision3 is a completely web based television studio aimed at developing web shows that are on demand, high quality and professional. Their aim is to revolutionize how companies can broadcast series and shows on other mediums rather television. Despite Revision3 shows being only shown online, companies such as Netflix, Microsoft. Sony and GoDaddy.com have been paying up to $10,000 an episode for advertisement (2).

Revision3 is a great example of how to utilize the broadband speeds of the internet along with user requested content to provide viewers with a tv like viewing experience that they cannot receive from their television provider.

Question to readers:

Do you feel that the internet is developing in a productive way? Are applications such as facebook or online video services like Revision3 necessary tools that help develop connectivity between people? Are these new developments a response to our lack of satisfaction with the previous generation of the internet?

(1) http://www.oreillynet.com/pub/a/oreilly/tim/news/2005/09/30/what-is-web-20.html

(2) http://money.cnn.com/galleries/2007/biz2/0702/gallery.nextnet.biz2/9.html