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What is Web 2.0 Anyway?

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Later this week I'll be on a panel at the and will be moderated by

  1. Launched after Google AdSense

  2. Uses Ajax and/or DHTML

  3. Unclear business model, pastel colors & large fonts used

    Either considered separately or together, those are pretty broad and perhaps closer to rules for a Web 2.0 drinking game. Unfortunately, they're the most specific rules I'm able to derive based on the amazingly broad set of things which have been labeled "Web 2.0" by the technology press, bloggers, and random pundits.

    At first I thought the

    So I don't feel quite as silly about my overly-broad sounding list. But that doesn't mean I like it either.

    Having said all that, what do you think Web 2.0 means--or ought to mean? Or what should it mean in the context of the panel discussion?

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