29 January 2006
Something 2.0
These new dynamics set the stage for the literal evolution of innovation. Startup costs and barriers to entry diminish; opportunities for creating entirely new value increase; human muscle no longer gates scalability; transactions are not bound by time, distance, or size; and something intangible – a better algorithm – can massively increase global utility and welfare. This pattern is not merely about new applications. It’s about a revolution in how we create, share, and refine anything that can be digitally encoded, be it news and information, artistic forms, scientific breakthroughs, personal communications, economic transactions, and, yes, even software. This is not Web 2.0. It’s World 2.0.
Gary Flake in Microsoft Live Labs Live Labs Manifesto
