A much more important reason why most web 2.0 platforms will not be sustainable in the end is that they were essentially not build to provide true value to its users, but instead they were build to create en leverage the value of a large network!
You are missing the point. The world of Web 2.0 is not only about facebook and MySpace. Companies are leveraging Web 2.0 technologies like Wikis, Blogs and Discussion Boards to have meaningful conversations with their customers. These tools also provide self support mechanisms with user generated content that rivals the quality that could be produced in house.
[…] Chris Clark told me I was missing the point as he correctly points out that web 2.0 isn’t just about Facebook or MySpace. Web 2.0 has provided companies a way to have meaningful discussions with their customers leveraging technologies such as Wiki’s, Blogs. He also mentioned that user generated content is becoming to rival the quality of in house productions. Chris, you are right of course. I focused in my post on the user perspective, but if you turn it around and look at a company’s perspective, then things have definitely become better. […]
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