I believe that you know O'Reilly Media, the Web 2.0's buzzword creator. According them, Web 2.0 is here today - and yet its vast, disruptive impact is just beginning. More than just the latest technology buzzword, it's a transformative force that's propelling companies across all industries towards a new way of doing business characterized by user participation, openness, and network effects.The presentation I attached bellow from SlideShare show this concept and the impact of 2.0 in our social and business relations. Pain attention on slides #8, 13 and 16 mainly; I suggest you full screen the slide on your PC.
And last but not least, what does Web 2.0 mean to your company and products? What are the risks and opportunities? What are the proven strategies for successfully capitalizing on these changes? Think about it!