Davos Annual Meeting 2007 - The Impact of Web 2.0

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http://www.weforum.org 27.01.2007 The Impact of Web 2.0 and Emerging Social Network Models The rapid rise of online social networks is both a social and business phenomenon, the impact of which is only beginning to be understood. The consumer-powered Web 2.0 creates innovative ways for businesses to operate and people to communicate. 1) What is driving the emergence of virtual communities? Is the rapid rise in their valuations justified? 2) How are companies beginning to use social networking strategies for product and market development, as well as for communication? Caterina Fake, Founder, Flickr, USA William H. Gates III, Chairman, Microsoft Corporation, USA Chad Hurley, Co-Founder and Chief Executive Officer, YouTube, USA Mark G. Parker, President and Chief Executive Officer, Nike, USA Viviane Reding, Commissioner, Information Society and Media, European Commission, Brussels Challenger Dennis Kneale, Managing Editor, Forbes Magazine, USA Moderated by Peter Schwartz, Chairman, Global Business Network, USA

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  1. by Daviot — @ 20:23:00

    The moderator talks about US$800m of venture capital for Web 2.0 ventures last year (17:00 min). Anyone having a reference or a good source for the web 2.0 investments of the last years?

  2. by Aghna — @ 20:45:59

    The guy buys MORE music with iTunes? Hm...

  3. by LaKinzi — @ 21:08:58

    are you freakin kidding me? dear god.

  4. by IAKOVOS — @ 21:31:57

    What a cop-out herbg3.

  5. by Chess — @ 21:54:56

    "is this just for people to upload videos of themself acting like idiots at parties?" what a stupid question

  6. by Aingeal — @ 22:17:55

    Flicker. Very interesting perspectives on the future of the web. Flicker Flicker. Howard Bloom released a video in the seventies (and a book FLICKER) called The Global Brain which made the argument Flicker that electronic media will become the nervous system of the world - so that one cell in the global body knows the problems and solutions FLICKE FLICKER being experienced by every other cell in the body. Seems like that day is upon us. Flicker flicker flicker....

  7. by Rendell — @ 22:40:54

    It's actually more innovative in Europe, it's just better capitalization in the U.S. Europe has a way of creating great technology that Bill Gates' folks undermine and steal.

  8. by Oriel — @ 23:03:53

    While I don't disagree per se, you did hear Gates talking about Minitel right? It's a French/British system, that was great technology-wise, but obviously lacked in other respects. Like you said, there is way too much red tape in Europe, but are you sure you're so much better in the states? What about the state of your justice system? By the way, "Typical European response" is a typical American response. You might achieve more by omitting it.

  9. by CLEOPATRA — @ 23:26:52

    I love how the European lady dodges the question around 27:00 about lack of European innovation. If she were honest, she would've just admitted that Europe has way too much red tape and socialism to produce innovative enterprises. Instead she just starts rambling about regulations. Typical European response.

  10. by Taydem — @ 23:49:51

    Watch it, you might get your account deleted for that!

  11. by LASSE — @ 00:12:50

    Now is the time for all mankind to unite and come to the aid of the earth...

  12. by UMAYMA — @ 00:35:49

    "Impact"? Talk about a buzzword! How about "Effect", "Affect" or "Influence"?

  13. by ELFRIDA — @ 00:58:48

    Oh big propaganda from NWO just reinvented the Internet!?

  14. by CASSIVELLAUNUS — @ 01:21:47

    Man... Chad Hurley looks scared...

  15. by Aglaval — @ 01:44:46

    very cool 5/5

  16. by Fonzell — @ 02:07:45

    AJAX

  17. by CALA — @ 02:30:44

    leveraging the power of all peoples voices to be heard through communication excellent!!~~ '-)

  18. by ANGIRASA — @ 02:53:43

    I press 1 + 1 on my calculator I press = The calculator interacts with me

  19. by Vince — @ 03:16:42

    very nice and informative. thanks for posting! good job

  20. by Dunton — @ 03:39:41

    Good! conference

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