What I mean is how you freely and abundantly Share what you have and know, which eventually leads to an Economy of people wanting more material, more complex, more advanced, or more customized versions, accompanied by a willingness to pay for it.

This seems to be the only really viable way to sell music, for example. Put free mp3s of entire albums online, then have other albums for which you charge money. There is too much music out there, and musician sites make a huge mistake by not offering free mp3s, of entire songs and albums, to the music buying public.

Web 2.0 is really making the web do what it was originally intended to do, but the technology was not there yet. More interactive, more user-controlled, more modular (as in mashups).

LMAO! How many people are going to pass this off as their own quote?

by: Karl Long TechCrunch recently posted a 29 minute video of an interview with a bunch of Web 2.0 CEO’s about what they thought Web 2.0 was, trends, etc…….

I particularly appreciate 2 comments:

#1: Sifry’s ‘Participant Economy’. I’ve called it the Empowerment Era, Vaspers has called it The Share Economy. They all fit but Participant really resonates with me.

#2: Hoffman’s remarks on time. We all thought we had no time, but we actually had loads of it. It was just passive time. I’ve gone to almost zero “passive” time (meaning I hardly watch any TV, still read a lot of books & mags, but I don’t consider that passive per se). I think passive, mind-numbing activities are important (we do need a rest here and there)–but they held far too much time in our past lives.

Amazing how much thing’s have changed, actually.
Thanks much for the recap.