Read/WriteWeb's Web 2.0 Summit coverage sponsored by Yahoo!

It's the end of a hectic week of conference-going for your R/WW correspondent - and so time for a wrap-up of my thoughts on the Web 2.0 Summit. Firstly, my overriding feeling is that this year's conference was a lot different from last year's. It was still a great conference, but in a different way - perhaps reflected in the name change to Summit (a more business-sounding title). Last year there were a lot more developers and designers running around, this year the crowd was overwhelmingly from the media and business worlds. No doubt because of this, I also felt this year's conference lacked in cutting edge new products - and I didn't learn many new insights about Web technology. Having said that, it was still a very enjoyable conference - O'Reilly Media and CMP put on a great show. There was plenty of schmoozing in the hallways and lots of excellent discussions.
As
others have pointed out, the Summit had an 'exclusive' feel to it due to the $3k price
tag and business focus - and this meant a lot of the development and design innovators in
the Web world were not present. The reason why the developer/designer set has been
crowded out of this conference reflects the fact that, over the last year, traditional
media companies (e.g. EMI, Fox Interactive, the TV networks) have entered the Web 2.0 world
in a big way. That is a trend that will only intensify over the coming year, as web
innovation becomes mainstream. Also more traditional big tech companies are doing 'web
2.0' things - e.g. Intel released an enterprise suite at the Summit and companies like
IBM and Symantic were in attendance. These trends are inevitable - and welcome. Because
how else will little web 2.0 startups be ultimately successful, unless they're embraced
by the mass market that big companies (or VC money) can bring them?
I do feel sad though that the developers and designers aren't as much a part of the Web 2.0 Summit (nee Conference) any more - but perhaps this is where the Web 2.0 Expo will come in, the new sister conference being held in April 2007. I certainly hope so, because finding out about new web technologies and trends is what I love the best.
To be purely selfish, undoubtedly my personal highlight was seeing Lou Reed play live (courtesy of AOL). I've read some cynical reports about the 20-minute set he played - that he was surly to the crowd and ironic etc. But isn't that what you always get from a Lou Reed show? I thought his set was great and he's a legend to me - 'nuff said! :-)
But onto actual Web stuff... highlights included:

Overall, I
have to say I enjoyed the conference. Last year in my wrap-up I probably came across as a
little too enthusiastic - even though I called last year's post Cautious Optimism and
Cynical Buzz. This year I wasn't as excited, but the conference was just as busy and
maybe a little more 'mature' in terms of where the industry is headed. So my feeling
coming away from the conference is that it was a great crowd of people there and the web
industry is still alive and thriving. Are we in a bubble? Absolutely, so the cautious
optimism and cynical buzz remains.
Some folks, like Ben Metcalfe, think the conference has lost its edge. Maybe it has, but the Web 2.0 Summit is a different beast now than it was last year - and that's a sign of the times. Or to put it another way, so Lou Reed does corporate gigs now... hey, it's still great music! ;-)
Pics: Dave Forrest, RJ, Dave McClure
Tell us what you think in terms of what you learned from the Summit - either if you were lucky enough to be there, or from the reports filed by me and other blogs/sites. Let us know in the following poll. Plus comments (as always) are welcome.