Newsweek's article "The New Wisdom of the Web".
The massive success of MySpace and the exemplary strategy of Flickr are milestones in a newhigh-tech wave reminiscent of the craziness of the early dot-com days. This rebooting oweseverything to the enhanced power and pervasiveness of the Web, which has finally matured to thepoint where it can fulfill some of the outlandish promises that we heard in the '90s. The generic termfor this movement, especially among the hundreds of new companies jamming the waiting rooms ofventure-capital offices, is Web 2.0, but that's misleading-some supposedly Web 1.0 companies likeand Google have been clueful about this all along. A more fitting description comes from MaryHodder, the CEO of a social-video-sharing start-up called Dabble. (Since Dabble has not yet launched, I can't explain exactly what that means.) "This is the live Web," she says.
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