Web 2.0 is a Battlefield

Found this article this morning about the Web 2.0 expo in Berlin. Check out this quote:

The person who coined the phrase "Web 2.0" in 2005 gave a presentation entitled
"What people still haven't understood about Web 2.0". For instance, he said he has the impression that a lot of people think Web 2.0 is the new digital version of the "Summer of Love". As he points out, the new Web is not so much the home of hippie ideals as of fierce competition. "Web 2.0 is a battlefield where competitors fight tooth and nail."

I think we are in the second wave of the internet boom (hence the 2.0) and that leads me to wonder, will there be the same level of fallout that we saw during the dot-com days?

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