Sunday, July 18, 2010

Web 2.0

I hate Web 2.0++, is similar to I saying "I hate Love stories". The way Bollywood is plagued by "Luv stories" but still manages to limp across each year. Similarly, the US economy is entangled in Web 2.0 applications and is reeling under a spiraling economic down-trend . Having given away manufacturing in the last quarter of the past century, now the US looks like giving up hi-tech as well chasing the WEB mania. Technology today to large extent is confined to WEB apps and jazzy gadgets which look like decreasing individual productivity. The WEB passed its peak optimization levels a few years ago, and now its contribution is mainly towards making people lazier by the day.

Am not sure leading in web services would give them a long lasting competency. But with most of the VC funding/ brilliant minds entangled in the Web, its unsure how the US gets itself out as a leading economy (its similar to how the Europeans got entangled in the art, music, coffee and leisure culture)

How much of the WEB do you need??

6 comments:

sudeep said...

I like Facebook and Orkut but I agree they kill Individual Productivity. Youtube is a good utility (just like interactive TV) and twitter is timepass (but not addictive for me).

I dunno what else is a part of Web2.0 ?

Tejaswi said...

This post is truly thought provoking. I feel that we forget sometimes that there is more to innovation than the web and finance.

Even Katra was commenting that there has not been a technological breakthrough from the US since the moon landing.

Hope something happens in either Energy, or Medicine that's comparable to Google.

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GD said...

I can agree innovation on the Web atleast. Finance is a bunch of old wine wrapped in a new bottle, with regulators just tasting / approving the same and later the wine turning into toxic alchol.