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There has been much disagreement about what actually defines Web 2.0, a term coined by O’Reilly Media in 2004.
However, in the last three years something approaching a consensus on what Web 2.0 actually is has emerged. Most agree that Web 2.0 defines the internet as a platform where developers build applications uniquely tailored for the internet, rather than the internet having to adapt to suit the features of applications.
Examples of this definition are wiki sites or Google Docs & Spreadsheets which act like desktop applications but actually work in the user’s browser.
Under Web 2.0, the internet is also seen as a two-way medium with increased interactivity and input for the end user. This can be seen in blogs, wikis and social networking sites where users can easily interact with each other and the website's publisher.
While the term Web 2.0 suggests a newer version of internet, this is not the case. It simply refers to the web as we know it today. And as this will continue to change and evolve—an exact definition of the term may never be possible.
Read the article here: Defining Web 2.0
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