<h2>
What Is Web 2.0<br>
<span class="headline">Design Patterns and Business Models for the Next Generation of Software</span></h2>
by <a href="http://www.oreillynet.com/pub/au/27">Tim O'Reilly</a><br>
09/30/2005
<p>The bursting of the dot-com bubble in the fall of 2001 marked a
turning point for the web. Many people concluded that the web was
overhyped, when in fact <a href="http://www.carlotaperez.org/">bubbles and consequent shakeouts appear to be a common feature of all technological revolutions</a>.
Shakeouts typically mark the point at which an ascendant technology is
ready to take its place at center stage. The pretenders are given the
bum's rush, the real success stories show their strength, and there
begins to be an understanding of what separates one from the other.</p>
