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Web 2.0:
This new resurgence in the fortunes of the web has Figure One
been coined Web 2.0 a title which implies firstly that Innovation Timeline
there was a Web 1.0 but also a technological change, > Atanasoff–Berry Computer – electronic digital
Friend, foe almost as if the web has been upgraded, much like a
software package.
computer – 1939
> Z3 – first general-purpose digital computer –
1941
or just fad?
The phrase Web 2.0, coined by Tim O’Reilly, in effect
refers to websites that have embraced the power of > ENIAC general purpose electronic digital
computer – 1946
the web to harness collective intelligence – not just sell
things3. It does not allude to new technology, nor is it > Earliest form of the Internet – 1969
really a new way of doing things on the web given that > Personal computer – late 1970s
Firstly, before we address sites have been using these techniques for years, so > Email – 1971
the premise of this document, what is it really and what does it mean for most normal, > World Wide Web – 1989
old world organisations?
what do we mean by Web 2.0? > Laptop – 1990’s
Web 2.0 is in effect the participative web or the shift > Cellular phones –1984, mainstreamed late 1990s
The internet was arguably ‘created’ in the ‘60s by Tim from a wide area network of unrelated largely static and early 2000s
Berners Lee and the World Wide Web which effectively and content filled sites, to a conjoined virtual world of > Webcams 1990s mainstreamed 2000s
popularised its use in 1984, see Figure one. The rush interactive conversation, conducted in real time by real > Digital Television 1990s mainstreamed 2000s
to create corporate web sites in the 1990’s led to a people on issues which have real value.
> Broadband mainstreamed 2000s
raft of new business models, many of which revolved
solely around traffic, or more simply, web users looking > Wireless networking – early 2000s
So is the participative web just a fad?
at a website. > Wireless Headphones – early 2000s
The excitement around the rush to the web led to what Is Web 2.0 nothing more than the web > Online gaming communities 2000s
became known as the dot com boom, which was, with dressed up in the emperors’ new clothes? > GPS mainstreamed mid-2000s
the benefit of hindsight, obviously likely to be followed > Satellite radio – circa 2003
by the dot com bust or the significant downgrade of Or is it something which organisations > Bluetooth – early-to-mid 2000s
internet based stocks. should address and review more seriously? > DAB – Digital Radio 2004
It was a boom that was unlikely to be seen again, yet Is it something which marketers and > Digital Audio Player – mainstreamed early 2000s
a few short years later News Corp buys MySpace business managers should begin to > Digital Video Recorders (c. 1999) mainstreamed
for US850million quickly dwarfed by the sale of a early-to-mid-2000s
small fraction of Facebook for US$1.6billion1 with the embrace as a communications and
> HDTV mainstreamed early-to-mid 2000s
assessed value of Google nudging US$200 billion. reputation management tool?
Whilst in fairness these sites have business models Source: Wikipedia.com April 2008
which do generate revenue, the former were still 1
Stephen Ellis, The Australian, 23 October 2007
acquisitions based on valuations that businesses 2
News Corp 2008/09 Results Announcement
in traditional industries can only dream about and 3
Tim O’Reilly Web 2.0 Compact Definition: Trying Again,
were paid for businesses which are currently creating 20 January 2007
‘negligible’ revenues for their new parent organisations2.
Source: McCridle Research, April 2008 So for example, a digital native might refer to their
new “camera”; a digital immigrant might refer to
their new “digital camera”.
Taking a view of the web population as a whole
there is a generalised statistic that predicts how we
use or interact with content:
• 1% are producers
• 9% are ‘prosumers’, who comment on or
distribute the content
• 90% are consumers who passively partake of
the content without any contribution