From http://en.wikipedia.org/wiki/Web_2.0...
The last, compact definition of Web 2.0, according to Tim O'Reilly is this one:
"Web 2.0 is the business revolution in the computer industry caused by the move to the internet as platform, and an attempt to understand the rules for success on that new platform. Chief among those rules is this: Build applications that harness network effects to get better the more people use them."
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