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    November 02

    Exciting times indeed!

    You know, I'm just absolutely one of the luckiest people to be working in the Internet industry at this point in time. I feel like I'm right in the middle of a revolution!
     
    We've just announced a whole software services strategy centered around Windows Live!, which to me is really exciting stuff - here is where you can get more information on the announcement via Scoble's blog. I'll take this opportunity to talk about web 2.0, the meme/buzzword of the moment with the whole direction of the Internet - and which is something which excites me.
     
    Web 2.0 - right now it means different things to different people, and in fact I don't think the idea has percolated down to tiny Singapore yet even on the most part except for some clued in people. To me, it's more than a trend - it's a seismic shift in how the world consumes information and services on the Internet, driven by how people consume, technology and economics.
     
    Consumption - The Long Tail describes this perfectly. People are getting increasingly spoilt for choice, and they demand their exact niche. Individualism rules thanks the the web's ability to empower choice. Now, consumers make the choice, not the suppliers.
     
    Technology - RSS adoption is huge now... and will become the new way by which information is consumed. We're seeing that happening even in Singapore with bloggers like Brown, Miyagi leading the charge. Combine that with AJAX and we're seeing history in the making.
     
    Economics - There is money in the web now! I should know since I'm familiar with the revenue figures that we pull in as MSN. Over and beyond that, new platforms like Google adSense (and soon adCenter!) has enabled the tail of the web to earn money as well - just fueling the ecosystem - incenting people to create even more content for themselves on the web.
     
    I predict that in 5 years time, we'll be using the web in radically different ways - websites will be as rich as Microsoft Office applications (Excel, Powerpoint), and we'll be controling our own destinies with these sites.
     
    To point - can you imagine, a website that combines Flickr with Spaces, pulling on search engine results from MSN or Google, that shows you location via Virtual Earth, and dynamically updates your blog with that information all on one mini-page on Spaces - all without a single page refresh?
     
    Wait no longer - the day has arrived!

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