Bubble Bursting Web 2.0
Rich over at Basement.org has a great post on why it’s important to take a step back from all the buzzwords and think objectively about Web2.0. In it he looks at some traffic stats from a few Web2.0 players and wonders how many of the hundreds out there are even getting noticed (much less turning a profit).
I don’t think he’s trying to downplay the importance of things like AJAX, Ruby On Rails and other cutting edge innovations. But it’s good to hear someone trying to get a little perspective on the situation.
Especially when you start seeing postings like this on the Ruby Jobs list:
Don’t get me wrong, maybe it’s a great job (or maybe they’re just being tongue-in-cheek), but “rocket ship startup” is not the kind of thing that, for me at least, inspires confidence. (Note to rocket ship startup: dude, call me)
Anyway, here’s the part that I found really interesting. Rich uses the following graph to illustrate how CNET is still way ahead of guys like Engadget, Boingboing, Techcrunch and Lifehacker (CNET’s in aqua):
Ok, so CNET’s way ahead. But what I find interesting is that everybody got a big bump somewhere toward the end of 2005, and that increase has been sustained thus far in 2006. So what’s going on in the tech/IT world that is making people more interested in technology in general?
I’m not sure what it is. And I agree with’s Rich’s caveats about buzzword intoxication. But I think that bump is a good thing.
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