Web 2.0 Coming in for a Hard Landing?

There is increasing comment out on the net that we are heading for another dot bomb disaster – but worse than last time. A good example is this on slashdot. The question is how resilient is the industry now, has it improved since last time? Perhaps the answer is the same as the answer last time – is the technology being developed and deployed building a saleable business advantage? Technology that does not offer this is doomed eventually as it cannot sustain itself financially.

In the business world any technology that does not have an understandable business purpose and serve a real business need is mere frivolity. Fun but unsustainable in the long run.

via Aide-mémoire

Author: Kate Carruthers

Kate Carruthers is Chief Data & Insights Officer for UNSW Sydney, and is also an Adjunct Senior Lecturer in the School of Computer Science & Engineering. She is certified in information security and is currently undertaking postgraduate studies terrorism and security. Kate has extensive experience in senior roles in ICT, marketing, data and digital; and is a member of the NSW Government’s Data Analytics Centre Advisory Board. Kate is currently working at the intersection of data analytics, AI, ML, privacy, cyber security, and data protection.