Web 2.0 Summit Summary

Well, the Summit is over now. Yes, there was a lot of hype. But, there were gems, epiphanies, and confirmations that made the whole thing worthwhile. Here are some take-aways:

# Amazon sells its excess capacity, expertise
# Mobile Web is just the Web and it's adoption is the next big thing
# Crowdsourcing - a web of humans is powerful
# User Experience, esp. emotional, is king
# Software is free
# We are in the age of mass collaboration, an age of knowledge-based production instead of resource-based production
# "People love to transact business on the internet, but when it comes to learning features or dealing with problems, people want to deal with other people." - Bob Parsons, GoDaddy.com
# "It is tough to succeed: 2% of the companies created about 100% of the wealth." - Mary Meeker, Morgan Stanley
# Ratio of eBay listings to classified ads has moved from 1:35 to 9:1
# "We live in a moment of history where change is so speeded up that we begin to see the present only when it is already disappearing." - R. D. Liang
# 50% of the market is not on the Web. Adoption will come not because of the technology but to solve the pain.
# The Business users keep finding new ways to subvert IT. Will these powerful emerging technologies be blocked by the enterprise?


I'll add more in a future post. Please feel free to add your own comments.