Is The Web 2.0 World is Skunk Drunk on Its Own Kool-Aid?

Steve Rubel over at Micropersuasion is arguing that the Web 2.0 World is Skunk Drunk on Its Own Kool-Aid.

His evidence includes:

  • No one’s casting a cynical eye anymore.
  • No one’s looking at valuations and reality
  • The endless dot-com parties are back.
  • So are the countless trade shows/conferences that regurgitate the same “new paradigms” the last 10 events did – with no end in sight.
  • And yes, the ridiculous BS press releases are flying into my Gmail box.

Steve might just have a point. I’ve discussed this with a few friends recently and they’ve pointed out that ‘real’ money is being made this time around. I’m still not convinced – does that make a cynic (or as my mate Ian would term it, a realist)?

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.