Cartoon: Death Watch
Written by Rob Cottingham / October 19, 2008 12:23 AM
/ 4 Comments
Okay, let's not panic everyone. Yes, there's the odd eerie echo of the last bust, and yes, times are suddenly a lot tougher, and yes, investors are suddenly asking awkward questions like "Do you have a revenue model for this?"
On the other hand, at least this time we get to blame the bricks-and-mortar people, and not the other way around.
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A picture is worth a thousand words!
Jesse W.
http://www.churchofcowherd.com
This tolling the death of web 2.0 is just as silly as some of the early promotion of web 2.0. Advancements in technology apply as better systems take their place. People still use the syntax and technology of Web 1.0 in a read/write Web 2.0. And Web 2.0 technology will continue into further advances. Newtonian physics still applies as Einstein's theories provide more powerful applications of science.
wow, nice pic .. :-)
A revenue model? Now why in the world would anybody want one of those? This is actually the second time I've seem the bubble burst for IT companies, sooner or later I think we're going to have to smarten up.