The article talks about how collative efforts from internet users have changed the dynamics of web and a lot of new web 2.0 ideas are mainly from collative intelligence. Two great examples are the massive success of MySpace and the strategy of Flickr. It also mentioned about some API we talked about in class today. It is just amazing to see how networking effect has been magnified through the use of internet and other web applications.
Donna
URL: http://www.msnbc.msn.com/id/12015774/site/newsweek/
The New Wisdom of the Web
Why is everyone so happy in Silicon Valley again? A new wave of start-ups are cashing in on the next stage of the Internet. And this time, it's all about ... you.
Newsweek
" What makes the Web alive is, quite simply, us. Our presence, most often conducted at the speed of broadband, is constant and mandatory. Thanks to our activity, the Web has replaced phone books, and is in the process of replacing phones. It's the place that answers our questions in four tenths of a second and ships us funny clips that mix the "Back to the Future" guys with the "Brokeback Mountain" soundtrack. It's the main news source for the non-arthritic population, and a megaphone for those who make their own media. As we keep offloading our activities to the Web and adding previously unmanageable or unthinkable new pursuits, it's fair to say that our everyday exist-ence is a network effect. That has made some splendid opportunities for smart, nimble new companies, and threatened the existence of old ones now afloat in the mainstream. "
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