There are many interesting consequenses developing as a result of Web 2.0 services and the new information economies. In this dynamic , community oriented environment, in which users are building interactive relationships with content providers and service companies, extaordinary volumes of information are being generated.

 

[Source: oreillynet.com]

Dion Hinchcliffe points out “one of the most novel aspects of Web 2.0 is the ability meter the collective intelligence of your users and leverage it as a discrete service in its own right.” A great deal of collective data is currently being provided by users. What are the consequences of utilizing this data? (i.e. “who ultimately owns and controls the wisdom generated by crowds?” )

 

[Source: http://web2.wsj2.com]

The major point of concern for is how can the user not be overwhelmed by all this information? Technology itself is a burden for most beyond the early adopter. Combine fragmented technologies and services, with additional, redundant, competing information - designed to manage the information they already have -  and it simply becomes overwhelming and ulitmately ignored.