Venture capitalists have literally thrown money at whatever smells like Web 2.0 technology for years. What will the end to this mean for mobile users?
Don't worry, your Facebook or Digg account won't be terminated anytime soon, and you'll see new and innovative Web features and applications popping up for both desktop and mobile browsers in the future too. In stead of explaining why on our own, we'll simply cite an anonymous comment over at TechCrunch that does:
It is possible that the downturn in the economy won't kill Web 2.0 - it will help accelerate the evolution to Web 3.0.
We are talking about the survival of the fittest from the most brilliant youths in the world.
Brilliance, creativity, idealism and passion are such strong attributes that they will be agile what ever becomes of the economy.
This may evolve into a force that makes the business world and global communication more efficient and more geared towards continuous free flow of ideas.
The creme will always rise to the top to be the creme de la creme.
The impactful and powerful minds won't rest - they will constantly create and the best ideas will take off and become disruptive and revolutionary.
What this anonymous commenter is writing, is actually crucial for the development of mobile services. It's about time the Web 2.0 party ends and evolves into viable solutions that can remain "free" to use in the long run. Or as Sequoia Capital puts it: Get real or go home.
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