WWW is access – on-demand knowledge to the people.
• Cost and duration of communication is approaching zero.
• Enables fast business.
Web2 is a platform - Software as a Service & Social Networking.
• Breaks down the barriers to entry & economies of scale.
• Enables micro businesses
Web3 is Collaboration.
• banks can be bypassed.
• www.drupal.org was envisaged as a tool for NGOs.
Now accredited for creating most of the mega businesses.
• e.g. Neil Young, in a few months, created a virtual garage with only two others and has built a prototype hybrid car, using his 1957 ‘Yank Tank Convertible’ to run on bio-diesel and electricity.
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