The Internet has lots of life left in it
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My reaction:
The Internet has lots of life left in it. There’s much more growth to come. Apparent transitions or phases reflect distinct elements that were evident in the founding dreams of hypermedia.
Web 1.0 = Hyper-linking (realized as URLs and HTML links that enable websurfing).
Web 2.0 = Hyper-mixing (realized as AJAX, XML, KML, JSON, etc. plus prolific UGC, all helping to enable mashups) .
Web 3.0 = Hyper-sourcing (realized as interlocking social graphs and planned semantic formats that will enable trustworthy signaling).
What factors might explain the graph? There are big problems in the economy, but mostly I think there’s some creative destruction going on. And it’s not over yet.
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