As the popularity of social networking has skyrocketed over the last couple of years, the Internet of five years ago has indeed come and gone. Web 2.0 is now the talk of major Internet players and venture capitalists across the globe. What is Web 2.0? It is the next generation of Internet interactivity and utility platforms. In a nutshell, Web 2.0 involves the facilitation of enhanced web user activities and experiences via systems that allow users to more easily interact, communicate, share information, learn and collaborate with one another. Witness the huge success of Wikipedia, a free multi-lingual encyclopedia. Formed in January of 2001, Wikipedia has quickly become one of the most visited websites in the world with more than six million articles in 250 languages currently hosted. The premise of the founders of Wikipedia was simple: create a place where users from all over the world can write and edit articles and entries according to their area of expertise. In turn, conten...
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