Web 2.0 is Not a Bubble Waiting to Burst - it's a Gold Rush
I was doing some thinking this weekend about Web 2.0 and the crazy amounts of money that are being thrown at companies now. I, like most people I would assume, am worried about whether or not the trend is going too far. I don't want to see all of the progress we're making with Rich Internet Applications go down in a blaze of glory because the Web 2.0 bubble bursts. However, as I walked around Seattle this week, I realized that what's happening on the web doesn't have the traits of a bubble waiting to burst, it has the traits of a gold rush.