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BusinessWeek Predicts Fall of Web 2.0 in 2008

January 3rd, 2008 posted by · 5 Comments

Web 2.0We’re only days in to the new year and already there are predictions of how 2008 will play out. BusinessWeek published the 10 likely events in 2008, with the crash of Web 2.0 predicted.

If a recession finally hits, Web 2.0 companies will find there are neither enough ad dollars out there for all of them to survive on, nor enough big corporate buyers such as Google (GOOG), Microsoft (MSFT), and traditional media companies to buy them all out. What’s more, venture capitalists may decide that momentum looks better for clean-tech investments than for Web startups that depend on a cyclical business like advertising. So more will join the “DeadPool,” as the Web startup blog TechCrunch calls its list of failed companies.

Also noted in BusinessWeek’s article was the slow turn away from social networking sites like Facebook.

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5 Comments so far
  1. MarketingDeviant MyAvatars 0.2

    I’m ready for web 3.0!

  2. Chris Jacobson MyAvatars 0.2

    Me too. I think Web 2.0 is old school by now. 😛

  3. Jackie MyAvatars 0.2

    Wow very interesting article Chris. I like the part about the CD downsizing and Internet TV? CD downsizing…maybe, but Internet TV nah…Web 2.0, I think its not going anywhere, but advancing like Marketing Deviant suggested….

  4. Missy MyAvatars 0.2

    Web 2.0 has been around the block already, so something new HAS to take its place, its the law of the (net) land.

    Technology by the definition has to move at the speed of light. New—faster—better….will always dominate.

    Myspace itself has been around like what, 5 years, so it is old news to alot of its core users, not too mention the new generation of high schoolers want their OWN cool thing. So it may not be going anywhere anytime soon, but it wont be the only game in town.

  5. Gary R. Hess MyAvatars 0.2

    IMO Web 3.0 will just be Web 2.0 and 1.0 mixed together. Now, mostly sites are either or, not both. As for the people moving away from FaceBook, of course they will. Just as they did with Friendster and even MySpace to an extent.

    When younger users start using what the 20-somethings + are using, the 20-somethings move to something else and the website must look for a way to retain capita.