Umair Haque writes:
…the reason Web 2.0 is important is in it’s future value.
The fundamental hypothesis of most of the people backing Web 2.0 is that it’s special because it’s going to be the consumer interface to many 2.0 markets. Media is one example that I’ve analyzed to death. Another one in whch interest is accelerating is Applications (viz, Zimbra, Google Office, etc).
Why is this? Fundamentally, it’s because Web 2.0 techs make info liquid and plastic. They let it be be frictionlessly unbundled and rebundled. That, in turn, enables convergence on multiple levels.
This is why the consumer value prop is so strong – Web 2.0 is not just the infrastructure for the digital home, but also for the digital lifestyle (viz, Media 2.0 + mobility), digital productivity (Apps 2.0), peer production (Consumer Goods 2.0, etc).
