The term web 2.0 implies that this is a second edition of a dispersed medium, and in most respects this is true. I know that through personal experience that the web that was introduced to me in 1998 is vastly different to the web of today. Although they are at their core the same technology the new and the old hardly resemble each other any more, and in this way it is like the web has evolved into a completely new version of itself, coining the phrase web 2.0.
Kevin Kelly says that we are the web, so I suppose in this way as we evolve and change so to will the world wide web.
Now with a high degree of usage from right around the world (over 1 billion) the Internet has become on of the worlds most valuable resources. The more people that use a service the better that service ultimately becomes. There is the problem however that if everybody uses one service then it creates a monopoly, but the great thing about the net is that, no one party owns the entire thing.
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