Isn't the difference that startups aren't going public? How are small, closely held companies going to cause an economic meltdown?

Why doesn't anyone listen to the guy that coined the phrase?

http://radar.oreilly.com/archives/2006/12/web_20_compact.htm...

Computer hardware and software are now commodities. The value in the computing industry has moved. "Data is the Intel Inside."

Pay attention.

I'm getting pretty board of chat about the supposed web 2.0 bubble.

Instead of creating a new venture I might just bet against the 'Web 2.0 crash' materialising'. Any takers?

Right - But Web2.0 is really generating loads of internet traffic. we might revamp web contents using RIA concepts, but i personally dont think that people will crash away social networking utilities. Its like saying people wont be chatting any longer. Hira www.geniteam.com

Every niche has it's doom sayers that try to exploit fear for personal gain.