Alex Reid

The term “Web 2.0″ is bunk.

O’Reilly Media coined the term back in 2004, but I believe the term is used by suits trying to sell the Internet to dumb-ass venture capitalists as a rebirthing when it’s simply part of the evolution.

The reason for the new hard sell is because people too often confuse the Internet IPO bubble-crash of 2000 with the Internet as a whole. The whole cause of the Internet IPO “bubble-crash” wasn’t because of the “Internet”. It was because of speculation. People too often confuse the short term capitalization of “property” over long term multiple benefits of “property”.

Using the IPO bust of 2000 as evidence against the Internet is just as silly as saying cars don’t work because the car industry is in trouble.

I refuse to use the term “web 2.0″. It’s bunk.

I would say it’s the new generation of the Internet, but I will not use numbers to denote where the Internet is on a plane. Why not just jump to Web 3.0 while we’re at it? Whose children are they to jump generations. People are simply creating simple ways to “connect” with the Internet, one season at a time. This numbers of ‘where the Internet is’ only represent the marketing chapters of said concept.

Markus Angermeier came up with this brilliant mindmap to describe what this new ‘generation’ looks like: