What's Wrong with Web 2.0?

Bubble? What bubble?

Aside from the fact that nobody knows quite what Web 2.0 actually is, not everything is sweet-smelling in the latest wave of websites. Web 2.0 is a mixed bag of great successes, swathes of unmentioned failures, and squandered venture capital. But what is it that lurks rotten at the bottom of Web 2.0? [read more...]