1 00:00:04,400 --> 00:00:07,760 Speaker 1: Welcome to tech Stuff, a production from I Heart Radio. 2 00:00:12,119 --> 00:00:14,720 Speaker 1: Hey there, and welcome to tech Stuff. I'm your host, 3 00:00:14,800 --> 00:00:17,600 Speaker 1: Jonathan Strickland. I'm an executive producer with I Heart Radio. 4 00:00:17,640 --> 00:00:20,599 Speaker 1: And how the tech are you? You You know? Pretty soon 5 00:00:20,800 --> 00:00:23,600 Speaker 1: I planned to do an episode about the concept of 6 00:00:23,840 --> 00:00:28,920 Speaker 1: Web three or Web three point oh, and those terms 7 00:00:28,920 --> 00:00:31,760 Speaker 1: have a lot of buzz around them. Um, there's also 8 00:00:31,800 --> 00:00:35,680 Speaker 1: some competing definitions, which is fun for something that's kind 9 00:00:35,680 --> 00:00:38,920 Speaker 1: of still in the process of coalescing, but that might 10 00:00:39,040 --> 00:00:42,560 Speaker 1: make you wonder, you know, what the heck was Web 11 00:00:42,600 --> 00:00:45,640 Speaker 1: two point oh or even Web one point oh. And 12 00:00:45,840 --> 00:00:49,360 Speaker 1: I have covered this on very old episodes of tech Stuff, 13 00:00:49,720 --> 00:00:51,560 Speaker 1: but I thought it would be good to do it 14 00:00:51,680 --> 00:00:54,920 Speaker 1: tidbits episode on the topic. So here's tech Stuff tidbits. 15 00:00:54,960 --> 00:00:58,800 Speaker 1: Web one and Web two. And first of all, there 16 00:00:58,840 --> 00:01:02,760 Speaker 1: really was no Web one point oh, at least not formally, 17 00:01:02,960 --> 00:01:04,920 Speaker 1: and in fact you could argue the same for Web 18 00:01:04,959 --> 00:01:08,240 Speaker 1: two point oh. Really, during the earliest days of the Web, 19 00:01:08,520 --> 00:01:10,959 Speaker 1: there was no one there to say this is version 20 00:01:11,200 --> 00:01:14,760 Speaker 1: one point oh, Like you had version numbers for the 21 00:01:14,840 --> 00:01:18,720 Speaker 1: various protocols, but the Web itself we did not designate 22 00:01:18,760 --> 00:01:22,759 Speaker 1: as being Web one. It was just you know, the web. 23 00:01:22,840 --> 00:01:25,199 Speaker 1: It was just a thing, kind of like how during 24 00:01:25,240 --> 00:01:27,640 Speaker 1: the First World War no one called it World War 25 00:01:27,720 --> 00:01:31,759 Speaker 1: One because that would be cynical and pessimistic. I mean, 26 00:01:31,800 --> 00:01:34,200 Speaker 1: it also would have been accurate. But at the time, 27 00:01:35,000 --> 00:01:37,520 Speaker 1: the more hopeful humans out there were kind of crossing 28 00:01:37,520 --> 00:01:40,720 Speaker 1: their fingers that there wouldn't be another, you know, war 29 00:01:40,840 --> 00:01:44,760 Speaker 1: to end all wars, like another global conflict similar to 30 00:01:44,800 --> 00:01:49,080 Speaker 1: World War One. Sadly there was, but you know, at 31 00:01:49,120 --> 00:01:51,840 Speaker 1: the time they weren't thinking that. So in the beginning, 32 00:01:52,360 --> 00:01:55,720 Speaker 1: it was just the web, you know, just websites with 33 00:01:55,800 --> 00:02:00,320 Speaker 1: web pages. The first website was launched on August six, 34 00:02:02,440 --> 00:02:05,440 Speaker 1: and it was in fact a website about the Worldwide 35 00:02:05,480 --> 00:02:09,720 Speaker 1: Web project itself from Tim Berner's lead, the person who 36 00:02:09,960 --> 00:02:14,280 Speaker 1: invented the web effectively um and it listed instructions on 37 00:02:14,320 --> 00:02:18,040 Speaker 1: how to create web pages and to use hypertext to 38 00:02:18,280 --> 00:02:22,640 Speaker 1: link documents, that is, pages together, and that would allow 39 00:02:22,760 --> 00:02:26,480 Speaker 1: visitors to navigate from one page to another. The term 40 00:02:26,520 --> 00:02:30,440 Speaker 1: web two point oh wouldn't emerge until nearly a decade 41 00:02:30,520 --> 00:02:34,880 Speaker 1: later in and it was a writer named Darcy de 42 00:02:34,960 --> 00:02:39,200 Speaker 1: Nucci who coined the term in a paper titled Fragmented 43 00:02:39,200 --> 00:02:42,680 Speaker 1: Future or an article titled Fragmented Future. By the way, 44 00:02:42,919 --> 00:02:46,120 Speaker 1: you can find that article online. You can read it 45 00:02:46,160 --> 00:02:49,640 Speaker 1: for free, and I highly recommend you do it. It's 46 00:02:49,760 --> 00:02:52,560 Speaker 1: you know, it's a historical document at this point, but 47 00:02:52,639 --> 00:02:57,560 Speaker 1: it's it's incredible to see how much Darcy was predicting 48 00:02:58,000 --> 00:03:02,240 Speaker 1: that actually became a thing. Darcy's thesis was that the 49 00:03:02,280 --> 00:03:06,040 Speaker 1: web at that stage in was about to go through 50 00:03:06,080 --> 00:03:10,400 Speaker 1: a truly transformational evolution um and in fact was already 51 00:03:10,400 --> 00:03:14,520 Speaker 1: in the process of doing so. And let's let's cast 52 00:03:14,560 --> 00:03:17,080 Speaker 1: our minds back to the early web. And you may 53 00:03:17,120 --> 00:03:19,840 Speaker 1: owe my Drew gees not remember what that was like. 54 00:03:19,919 --> 00:03:22,720 Speaker 1: Things changing so scoring now and people think quick to forget, 55 00:03:23,200 --> 00:03:25,280 Speaker 1: but you know, back in the early early days of 56 00:03:25,280 --> 00:03:29,560 Speaker 1: the web, web pages were static. Like you would set 57 00:03:29,560 --> 00:03:31,799 Speaker 1: out to build a web page, it would probably look 58 00:03:31,840 --> 00:03:36,120 Speaker 1: a bit like a page in a book, and once 59 00:03:36,160 --> 00:03:38,960 Speaker 1: you were done, chances were that's just how it was 60 00:03:39,000 --> 00:03:42,880 Speaker 1: going to be until either you know, whatever machine was 61 00:03:43,320 --> 00:03:48,400 Speaker 1: hosting the file crashed and the file was no longer available, 62 00:03:48,920 --> 00:03:51,080 Speaker 1: or you know, you deleted it to put something else 63 00:03:51,160 --> 00:03:54,080 Speaker 1: up or whatever. So visiting the web was a lot 64 00:03:54,120 --> 00:03:56,720 Speaker 1: like flipping through the pages of a book, or you know, 65 00:03:56,760 --> 00:03:58,440 Speaker 1: you might want to be more accurate, say like the 66 00:03:59,120 --> 00:04:01,560 Speaker 1: pages in a series of magazines that had all been 67 00:04:01,600 --> 00:04:04,600 Speaker 1: stapled together and shuffled up, and the stuff on the 68 00:04:04,640 --> 00:04:08,160 Speaker 1: pages might be really interesting, or it might be really informative, 69 00:04:08,400 --> 00:04:11,080 Speaker 1: or or really entertaining. It could be a list of 70 00:04:11,160 --> 00:04:15,880 Speaker 1: great jokes. But the fact was those pages didn't change, right. 71 00:04:16,000 --> 00:04:20,000 Speaker 1: The content on that page on day one would be 72 00:04:20,040 --> 00:04:23,679 Speaker 1: exactly the same on day one hundred and the same 73 00:04:23,720 --> 00:04:27,120 Speaker 1: on day one thousand. So you would probably just go 74 00:04:27,240 --> 00:04:30,920 Speaker 1: to the page once to learn something, and chances are 75 00:04:30,960 --> 00:04:33,080 Speaker 1: you'd never return again. There would be no reason to, 76 00:04:33,200 --> 00:04:36,599 Speaker 1: there'd be nothing new there. And so the experience of 77 00:04:36,640 --> 00:04:40,000 Speaker 1: the web had really limited interactivity, and mostly it was 78 00:04:40,040 --> 00:04:44,560 Speaker 1: confined to clicking on any active links they're on a page, 79 00:04:44,720 --> 00:04:48,840 Speaker 1: and then going to some other similarly static page. So 80 00:04:49,120 --> 00:04:52,839 Speaker 1: it was an incredible achievement, an amazing tool, but it 81 00:04:52,920 --> 00:04:55,920 Speaker 1: was still, especially when you look at what the web 82 00:04:56,040 --> 00:05:00,839 Speaker 1: is now, limited in abilities and scope. I Darcy's point 83 00:05:00,880 --> 00:05:04,280 Speaker 1: was that the web could and would do much much 84 00:05:04,279 --> 00:05:08,080 Speaker 1: more now. The reason that that could even happen was 85 00:05:08,120 --> 00:05:12,360 Speaker 1: actually due to the convergence of many things, and all 86 00:05:12,400 --> 00:05:16,240 Speaker 1: of those things were made possible because of the foundation 87 00:05:16,279 --> 00:05:19,479 Speaker 1: of the basic protocols or sets of rules if you prefer. 88 00:05:19,560 --> 00:05:22,160 Speaker 1: That's what protocols are. They are just kind of like 89 00:05:22,240 --> 00:05:26,280 Speaker 1: instructions or rule sets. Anyway, there are some basic protocols 90 00:05:26,279 --> 00:05:30,000 Speaker 1: that support the Internet in general and the Web in particular. 91 00:05:30,440 --> 00:05:33,560 Speaker 1: So for those protocols, you've got the Hypertext Protocol or 92 00:05:33,720 --> 00:05:36,839 Speaker 1: h T t P, very important for the Web. This 93 00:05:36,960 --> 00:05:39,919 Speaker 1: is the protocol that allows things like the linking of 94 00:05:40,080 --> 00:05:43,400 Speaker 1: documents together. And you've also got a pair of protocols 95 00:05:43,440 --> 00:05:46,400 Speaker 1: called t c P I P and that governs how 96 00:05:46,480 --> 00:05:51,240 Speaker 1: files move across networks and across the Internet. So these 97 00:05:51,279 --> 00:05:55,080 Speaker 1: protocols coupled with the Uniform Resource Locator or u r 98 00:05:55,279 --> 00:05:58,360 Speaker 1: L UH that was really important to The r L 99 00:05:58,520 --> 00:06:02,960 Speaker 1: denotes a specific file location on a network, so that way, 100 00:06:03,720 --> 00:06:06,680 Speaker 1: when you are clicking a link in your browser to 101 00:06:06,800 --> 00:06:11,120 Speaker 1: take you to another page, the browser can actually call 102 00:06:11,320 --> 00:06:16,039 Speaker 1: up that page because the u r L has the location. Otherwise, 103 00:06:16,400 --> 00:06:19,080 Speaker 1: you know, you wouldn't know what computer was hosting that 104 00:06:19,120 --> 00:06:22,000 Speaker 1: particular page, and you would do nothing would happen. You know, 105 00:06:22,040 --> 00:06:24,640 Speaker 1: you would just be searching for something. But all of 106 00:06:24,680 --> 00:06:28,560 Speaker 1: these different things made the Web stuff possible, and those 107 00:06:28,560 --> 00:06:31,800 Speaker 1: would not change. I mean, they would evolve, but they 108 00:06:31,800 --> 00:06:36,000 Speaker 1: wouldn't become a totally new thing. So Web two point 109 00:06:36,000 --> 00:06:40,080 Speaker 1: oh would not involve overhauling the bedrock of the web itself. 110 00:06:40,080 --> 00:06:44,040 Speaker 1: It wasn't about scrapping what came before and building something new. 111 00:06:44,200 --> 00:06:48,120 Speaker 1: It was more about kind of changing the features that 112 00:06:48,200 --> 00:06:52,080 Speaker 1: you would find on websites themselves. So we had these 113 00:06:52,120 --> 00:06:56,200 Speaker 1: other technologies that were enhancing the web experience. There were 114 00:06:56,200 --> 00:06:59,839 Speaker 1: new markup languages, there were new versions of HTML like 115 00:07:00,040 --> 00:07:03,680 Speaker 1: dynamic HDML. There were new protocols that allowed for streaming 116 00:07:03,720 --> 00:07:08,600 Speaker 1: media like streaming audio and streaming video. There were enhancements 117 00:07:08,600 --> 00:07:12,040 Speaker 1: that allowed for again like dynamic elements on the web 118 00:07:12,080 --> 00:07:15,720 Speaker 1: pages themselves, so a page could have something that could 119 00:07:15,800 --> 00:07:18,520 Speaker 1: update over and over again, which also meant that there 120 00:07:18,560 --> 00:07:21,040 Speaker 1: would be reasons for people to return to that same 121 00:07:21,080 --> 00:07:24,160 Speaker 1: page over and over again because it wouldn't be the 122 00:07:24,200 --> 00:07:26,520 Speaker 1: exact same thing they had seen when they came on 123 00:07:26,640 --> 00:07:30,040 Speaker 1: day one. In addition, there could be elements that would 124 00:07:30,080 --> 00:07:33,800 Speaker 1: let people interact either with the websites themselves or with 125 00:07:33,920 --> 00:07:36,640 Speaker 1: one another, or both, and that set the stage for 126 00:07:36,680 --> 00:07:41,520 Speaker 1: stuff like user generated content and social network platforms. So 127 00:07:41,880 --> 00:07:44,080 Speaker 1: this kind of interactivity could be as simple as like 128 00:07:44,200 --> 00:07:47,240 Speaker 1: leaving a message on a comments page, or like a 129 00:07:47,360 --> 00:07:51,080 Speaker 1: review on a commerce site like Amazon, or it could 130 00:07:51,120 --> 00:07:54,040 Speaker 1: be as complicated as uploading a video to a host 131 00:07:54,160 --> 00:07:58,880 Speaker 1: website and attracting people to watch that video. There was 132 00:07:58,920 --> 00:08:02,080 Speaker 1: also the study improved in data transfer speeds. That was 133 00:08:02,120 --> 00:08:06,480 Speaker 1: really important because without that then these more rich experiences 134 00:08:06,480 --> 00:08:11,600 Speaker 1: would take so much time to install and to consume 135 00:08:12,480 --> 00:08:16,480 Speaker 1: that they wouldn't do any good. Like if you're told, oh, 136 00:08:16,600 --> 00:08:18,320 Speaker 1: there's gonna be this great web page, you're just gonna 137 00:08:18,360 --> 00:08:20,960 Speaker 1: to wait forty five minutes for it to load, Chances 138 00:08:21,000 --> 00:08:24,800 Speaker 1: are you're not gonna invest that time for that experience. 139 00:08:25,080 --> 00:08:30,280 Speaker 1: So all of these different elements were critical to making 140 00:08:30,800 --> 00:08:34,160 Speaker 1: the next phase of the Web of possibility. Now, on 141 00:08:34,240 --> 00:08:38,720 Speaker 1: top of all this, Darcy's hype hypothesis included some really 142 00:08:38,800 --> 00:08:41,439 Speaker 1: forward thinking stuff like the fact that we would see 143 00:08:41,480 --> 00:08:47,079 Speaker 1: web connectivity extend beyond desktop computers and laptops, and we 144 00:08:47,120 --> 00:08:51,960 Speaker 1: would see examples like web connected televisions and car dashboards 145 00:08:52,080 --> 00:08:56,800 Speaker 1: and mobile game devices. Uh. Darcy even talked about web 146 00:08:56,840 --> 00:08:59,520 Speaker 1: connected phones. And this was in the era before we 147 00:08:59,520 --> 00:09:03,640 Speaker 1: started being serious smartphones. This is remember the iPhone doesn't 148 00:09:03,679 --> 00:09:07,880 Speaker 1: come out until two thousand seven. So essentially, Darcy was 149 00:09:07,920 --> 00:09:12,760 Speaker 1: predicting a mobile and modular web, complete with advocating for 150 00:09:12,840 --> 00:09:15,000 Speaker 1: websites that would render in such a way as to 151 00:09:15,000 --> 00:09:17,880 Speaker 1: be optimized for the end device. Darcy was saying, that's 152 00:09:17,880 --> 00:09:21,720 Speaker 1: going to be absolutely necessary, that it would be impractical 153 00:09:22,000 --> 00:09:25,600 Speaker 1: and uh and and self defeating if you had a 154 00:09:25,679 --> 00:09:29,679 Speaker 1: one size fits all web layout, because the experience on 155 00:09:29,720 --> 00:09:32,840 Speaker 1: a device like a handheld device would be totally different 156 00:09:32,840 --> 00:09:35,040 Speaker 1: from that from a desktop. And now we have entire 157 00:09:35,120 --> 00:09:38,040 Speaker 1: companies that are based around that idea, right, you have 158 00:09:38,400 --> 00:09:43,600 Speaker 1: companies like squarespace where they create layouts that have uh 159 00:09:43,640 --> 00:09:51,319 Speaker 1: that that capability of sizing and uh emphasizing web pages 160 00:09:51,400 --> 00:09:56,040 Speaker 1: properly depended upon what platform you're using to view the website. 161 00:09:56,920 --> 00:09:59,079 Speaker 1: So yeah, Darcy was for seeing all this. In fact, 162 00:09:59,160 --> 00:10:01,840 Speaker 1: Darcy even Gay was a very early glimpse at the 163 00:10:01,880 --> 00:10:06,400 Speaker 1: concept of the Internet of Things. So again, really really 164 00:10:06,600 --> 00:10:10,640 Speaker 1: great articles. I mean, like I've I've made predictions in 165 00:10:10,640 --> 00:10:15,679 Speaker 1: tech before, I have never been that savvy and that accurate. 166 00:10:16,480 --> 00:10:18,920 Speaker 1: So yeah, it's pretty bold. Now in hindsight, of course, 167 00:10:18,960 --> 00:10:21,640 Speaker 1: we can say, yeah, that's where it went. I mean, 168 00:10:21,640 --> 00:10:23,280 Speaker 1: it makes sense that obviously that's where it was going 169 00:10:23,320 --> 00:10:26,600 Speaker 1: to go. But at the time Darcy's predictions weren't necessarily 170 00:10:26,720 --> 00:10:29,800 Speaker 1: rock solid. I mean, one big reason for that is 171 00:10:29,920 --> 00:10:33,319 Speaker 1: ninety nine was at the height of the first hype 172 00:10:33,320 --> 00:10:36,960 Speaker 1: cycle for the web. I'll explain what I mean when 173 00:10:36,960 --> 00:10:49,120 Speaker 1: we come back from these messages all right now. In 174 00:10:49,160 --> 00:10:51,640 Speaker 1: the early early years of the web, it took a 175 00:10:51,640 --> 00:10:54,120 Speaker 1: while for the web to really kind of take off, 176 00:10:54,160 --> 00:10:56,480 Speaker 1: partly because in the earliest days of the web, there 177 00:10:56,520 --> 00:10:59,520 Speaker 1: were regulations in place that prevented the commercial use of 178 00:10:59,559 --> 00:11:03,280 Speaker 1: the inner at Once those were lifted, things would start 179 00:11:03,320 --> 00:11:05,640 Speaker 1: to change. And by the late nineties, pretty much every 180 00:11:05,679 --> 00:11:09,840 Speaker 1: company and every organization out there had become convinced that 181 00:11:09,920 --> 00:11:13,599 Speaker 1: they needed to have a web presence to be competitive 182 00:11:13,640 --> 00:11:17,840 Speaker 1: and effective into the next century. So new companies that 183 00:11:17,960 --> 00:11:21,040 Speaker 1: leveraged the web as a fundamental part of their business 184 00:11:21,160 --> 00:11:24,600 Speaker 1: also popped up right. Not just companies saying how can 185 00:11:24,640 --> 00:11:26,760 Speaker 1: we use the web to do what we do now 186 00:11:26,840 --> 00:11:30,000 Speaker 1: but better? But there were brand new companies that said, 187 00:11:30,080 --> 00:11:33,320 Speaker 1: what can the web? You know, what opportunities do the web? 188 00:11:33,400 --> 00:11:36,040 Speaker 1: Does the web give us to do business? Now? Some 189 00:11:36,120 --> 00:11:39,880 Speaker 1: of those companies really didn't even have business plans per se. 190 00:11:40,240 --> 00:11:42,400 Speaker 1: They might have had a vision of what they might 191 00:11:42,440 --> 00:11:45,000 Speaker 1: be able to provide thanks to the powers of the web, 192 00:11:45,520 --> 00:11:48,240 Speaker 1: but when it came to an actual plan to generate revenue, 193 00:11:48,280 --> 00:11:52,280 Speaker 1: a lot of these companies felt pretty short of that goal. 194 00:11:52,800 --> 00:11:55,800 Speaker 1: It was really a digital gold rush and land grab 195 00:11:55,920 --> 00:11:59,680 Speaker 1: all wrapped up together, and people were pouring billions of 196 00:11:59,800 --> 00:12:03,960 Speaker 1: dollars into it. And as we know now, that trend 197 00:12:04,080 --> 00:12:07,199 Speaker 1: at the time was unsustainable. Uh, it would turn out 198 00:12:07,240 --> 00:12:09,200 Speaker 1: that a lot of those startups that first appeared in 199 00:12:09,200 --> 00:12:12,120 Speaker 1: those early days were incapable of generating enough revenue to 200 00:12:12,160 --> 00:12:16,280 Speaker 1: support themselves. So in some cases, companies were scaling far 201 00:12:16,320 --> 00:12:19,440 Speaker 1: too quickly, and once they scaled to a certain size, 202 00:12:19,480 --> 00:12:22,040 Speaker 1: their expenses were so great that they were spending more 203 00:12:22,120 --> 00:12:24,760 Speaker 1: money than they were bringing in. But in a few 204 00:12:24,760 --> 00:12:27,959 Speaker 1: other cases, and these were high profile ones, and unfortunately 205 00:12:28,000 --> 00:12:31,400 Speaker 1: it it really kind of cast a shadow over the 206 00:12:31,480 --> 00:12:35,720 Speaker 1: web in general. You had these starry eyed web company 207 00:12:35,760 --> 00:12:40,120 Speaker 1: founders who were spending ludicrous amounts of money on lavish 208 00:12:40,200 --> 00:12:44,040 Speaker 1: offices and amenities, and you know, paying themselves this crazy 209 00:12:44,080 --> 00:12:47,640 Speaker 1: salary using investments, and they weren't really using the investment 210 00:12:47,679 --> 00:12:51,280 Speaker 1: money to actually establish a working business, and once the 211 00:12:51,320 --> 00:12:54,960 Speaker 1: money ran out, then the companies were folding. Meanwhile, you 212 00:12:55,000 --> 00:12:58,720 Speaker 1: had employees who were jumping from job to job because 213 00:12:58,720 --> 00:13:02,000 Speaker 1: they were attracted by laughish benefits packages. I would also 214 00:13:02,000 --> 00:13:06,160 Speaker 1: say lavish salaries, but in many cases the compensation largely 215 00:13:06,240 --> 00:13:09,480 Speaker 1: came in the form of stock options or actual shares 216 00:13:09,559 --> 00:13:14,680 Speaker 1: of the company itself. And yes, that can be incredibly valuable. 217 00:13:14,880 --> 00:13:17,520 Speaker 1: If your company hits the big time or if some 218 00:13:17,600 --> 00:13:20,640 Speaker 1: other company decides to acquire it and then you get 219 00:13:20,679 --> 00:13:23,679 Speaker 1: paid out for your equity in the company, that can 220 00:13:23,760 --> 00:13:28,440 Speaker 1: be huge. But if a company falters, well, then there's 221 00:13:28,480 --> 00:13:30,000 Speaker 1: a good chance your stock is not going to be 222 00:13:30,000 --> 00:13:34,120 Speaker 1: worth the paper it's printed on. And unfortunately, that happened 223 00:13:34,120 --> 00:13:37,040 Speaker 1: a lot. So the dot com bubble burst in the 224 00:13:37,080 --> 00:13:40,559 Speaker 1: early two thousand's that was the initial burst. The spring 225 00:13:40,600 --> 00:13:43,240 Speaker 1: of two thousand saw stock prices take a massive hit 226 00:13:43,280 --> 00:13:47,400 Speaker 1: in the tech sector as Japan entered into an economic recession, 227 00:13:47,400 --> 00:13:51,400 Speaker 1: and that kind of precipitated this global response, and there 228 00:13:51,480 --> 00:13:53,840 Speaker 1: was an increased amount of attention paid to how a 229 00:13:53,880 --> 00:13:57,840 Speaker 1: lot of internet companies were burning through their initial investment 230 00:13:57,920 --> 00:14:02,080 Speaker 1: cash way too quickly with no way to generate revenues. 231 00:14:02,120 --> 00:14:06,600 Speaker 1: So unless they were going to get regular injections of 232 00:14:06,640 --> 00:14:10,679 Speaker 1: investment cash. They just couldn't stick around because there was 233 00:14:10,720 --> 00:14:15,640 Speaker 1: there was nothing to pay for operations. Then the following year, 234 00:14:15,720 --> 00:14:18,480 Speaker 1: the terrorist attacks in the United States on September eleven, 235 00:14:18,640 --> 00:14:21,000 Speaker 1: two thousand one, that caused another big drop in the 236 00:14:21,000 --> 00:14:24,400 Speaker 1: stock market, and at that point, companies that were already 237 00:14:24,480 --> 00:14:28,840 Speaker 1: kind of on the brink folded and it was incredibly bleak. 238 00:14:29,320 --> 00:14:31,800 Speaker 1: But some companies were able to weather the storms. So 239 00:14:31,880 --> 00:14:36,360 Speaker 1: companies like Amazon made it through just barely. And I've 240 00:14:36,360 --> 00:14:39,160 Speaker 1: talked about that story in a previous episode of Tech Stuff. 241 00:14:39,560 --> 00:14:41,600 Speaker 1: Um I believe it might have been owned business on 242 00:14:41,640 --> 00:14:44,920 Speaker 1: the brink, but either way, amazon survival of the dot 243 00:14:44,920 --> 00:14:48,280 Speaker 1: com bubble was really more down to luck than anything else. 244 00:14:48,600 --> 00:14:51,000 Speaker 1: eBay was another site that made it through the dot 245 00:14:51,040 --> 00:14:54,160 Speaker 1: com bubble, and of course there were others. Now flash 246 00:14:54,200 --> 00:14:57,680 Speaker 1: forward to two thousand four, the tech industry was kind 247 00:14:57,680 --> 00:14:59,840 Speaker 1: of on the road to recovery. There were people who 248 00:14:59,840 --> 00:15:02,920 Speaker 1: are actually kind of eager to look ahead at this point, 249 00:15:03,000 --> 00:15:06,280 Speaker 1: Like there was a lot of damage control and triage 250 00:15:06,440 --> 00:15:09,000 Speaker 1: in the wake of the dot com bubble burst. But 251 00:15:09,040 --> 00:15:11,360 Speaker 1: by two thousand four we had kind of rounded the corner. 252 00:15:11,440 --> 00:15:14,480 Speaker 1: On that, and that's when a media company called O'Reilly, 253 00:15:14,520 --> 00:15:18,080 Speaker 1: founded by Tim O'Reilly, planned a conference with the name 254 00:15:18,360 --> 00:15:21,320 Speaker 1: the Web two point oh Conference. And this is really 255 00:15:21,320 --> 00:15:26,080 Speaker 1: where the term web two point oh became famous. So again, 256 00:15:26,200 --> 00:15:29,680 Speaker 1: Darcy had invented the phrase five years earlier, but it 257 00:15:29,760 --> 00:15:32,000 Speaker 1: was this conference in two thousand four where it really 258 00:15:32,000 --> 00:15:34,840 Speaker 1: became a buzzword. And I would argue that web two 259 00:15:34,840 --> 00:15:38,600 Speaker 1: point oh took on an additional meaning at this conference, 260 00:15:38,640 --> 00:15:41,680 Speaker 1: and that would be that the strategies that some companies 261 00:15:41,720 --> 00:15:44,520 Speaker 1: like Amazon had been using that helped or at least 262 00:15:44,520 --> 00:15:46,920 Speaker 1: appeared to help get them through the dot com bubble 263 00:15:47,000 --> 00:15:51,520 Speaker 1: burst and survive were ones that related to web two 264 00:15:51,560 --> 00:15:54,200 Speaker 1: point oh. So the implication I got was that features 265 00:15:54,240 --> 00:15:58,320 Speaker 1: like dynamic elements and support for user generated content, the 266 00:15:58,360 --> 00:16:01,800 Speaker 1: incorporation of other interactive elements, and the use of web 267 00:16:01,800 --> 00:16:05,600 Speaker 1: based media were what set the survivors of the dot 268 00:16:05,640 --> 00:16:09,840 Speaker 1: com bubble burst apart from other companies that failed to 269 00:16:09,960 --> 00:16:13,600 Speaker 1: attract a lot of traffic and make it through. And 270 00:16:13,640 --> 00:16:17,080 Speaker 1: there's definitely some truth to that. I mean, I sometimes 271 00:16:17,080 --> 00:16:19,080 Speaker 1: get the feeling the message was, Hey, those companies that 272 00:16:19,120 --> 00:16:21,880 Speaker 1: didn't make it through the dot com bubble we're holding 273 00:16:21,920 --> 00:16:24,280 Speaker 1: too tightly onto the old Web one point oh way, 274 00:16:25,160 --> 00:16:28,800 Speaker 1: but that's not necessarily true. There were companies that were 275 00:16:28,880 --> 00:16:32,520 Speaker 1: part of the mini that folded that had Web two 276 00:16:32,600 --> 00:16:36,040 Speaker 1: point oh features to them. So you couldn't just point 277 00:16:36,080 --> 00:16:38,840 Speaker 1: to this and say if you were Web one point oh, 278 00:16:38,880 --> 00:16:41,560 Speaker 1: you failed, because not all Web one point oh sites 279 00:16:41,600 --> 00:16:43,680 Speaker 1: went away, and if you were Web two point oh, 280 00:16:43,680 --> 00:16:47,920 Speaker 1: you survived because not all those were true either. Now 281 00:16:47,960 --> 00:16:49,840 Speaker 1: I also admit that this could be just my own 282 00:16:49,880 --> 00:16:53,160 Speaker 1: misinterpretation of the messaging here. It just felt like that 283 00:16:53,240 --> 00:16:56,160 Speaker 1: was kind of what the point was that like, in 284 00:16:56,280 --> 00:16:58,360 Speaker 1: order to really thrive, you need to be Web two 285 00:16:58,360 --> 00:17:00,680 Speaker 1: point oh. But you know, you can get pretty cynical 286 00:17:00,680 --> 00:17:02,760 Speaker 1: when you sift through a lot of marketing buzz speaks, 287 00:17:02,800 --> 00:17:05,200 Speaker 1: So that might just be my own, you know, me 288 00:17:05,320 --> 00:17:08,720 Speaker 1: bringing baggage to it. Anyway, this is where Web two 289 00:17:08,760 --> 00:17:10,800 Speaker 1: point oh really took off as a definition, and you 290 00:17:10,840 --> 00:17:14,119 Speaker 1: can definitely see how stuff like dynamic elements and incorporation 291 00:17:14,160 --> 00:17:17,440 Speaker 1: of media and social interactivity and all those sort of 292 00:17:17,480 --> 00:17:20,399 Speaker 1: things have become the underpinnings for much of the Web today, 293 00:17:21,000 --> 00:17:24,160 Speaker 1: from social networking sites to gaming to news to commerce. 294 00:17:24,200 --> 00:17:26,800 Speaker 1: It's pretty comment to encounters some or even all of 295 00:17:26,840 --> 00:17:30,280 Speaker 1: these features. So Darcy was on point. I'm telling you 296 00:17:30,640 --> 00:17:33,200 Speaker 1: now when it comes to Web three or Web three 297 00:17:33,240 --> 00:17:37,040 Speaker 1: point oh, that definition depends upon whom you're talking to. Uh. 298 00:17:37,080 --> 00:17:39,800 Speaker 1: There's the Tim burners Leave version of Web three point oh. 299 00:17:39,800 --> 00:17:42,280 Speaker 1: He's again the guy who invented the web, and his 300 00:17:42,400 --> 00:17:45,280 Speaker 1: vision of Web three point oh is a machine readable web, 301 00:17:45,680 --> 00:17:49,119 Speaker 1: or the so called semantic web. With the semantic web, 302 00:17:49,400 --> 00:17:52,679 Speaker 1: each person's experience would be customized, you know, tailored if 303 00:17:52,680 --> 00:17:55,359 Speaker 1: you will, to their own behaviors and needs. And we 304 00:17:55,400 --> 00:17:58,680 Speaker 1: actually see elements of this already taking form, and things 305 00:17:58,720 --> 00:18:02,800 Speaker 1: like recommendation engines where on shopping sites, media sites, or 306 00:18:02,840 --> 00:18:08,000 Speaker 1: social networking sites start giving you recommended things to look at. However, 307 00:18:08,080 --> 00:18:10,480 Speaker 1: extend that sort of thing to your total experience on 308 00:18:10,480 --> 00:18:12,719 Speaker 1: the web and you get closer to what Tim berners 309 00:18:12,800 --> 00:18:15,399 Speaker 1: Lee vision was, and it would be a web that 310 00:18:15,440 --> 00:18:17,960 Speaker 1: would respond instantly to your needs and provide you with 311 00:18:18,000 --> 00:18:21,199 Speaker 1: the results you want, assuming it was working properly. And 312 00:18:21,240 --> 00:18:25,040 Speaker 1: then there's the other definition, the more recent one, which 313 00:18:25,119 --> 00:18:27,480 Speaker 1: dates to you know, around two thousand fourteen or so, 314 00:18:28,200 --> 00:18:30,800 Speaker 1: and to be fair, most people don't actually refer to 315 00:18:30,800 --> 00:18:32,560 Speaker 1: it as Web three point oh. They call it just 316 00:18:32,680 --> 00:18:35,480 Speaker 1: Web three with no space between the B and web 317 00:18:35,560 --> 00:18:39,640 Speaker 1: and the numeral three. This version isn't about the semantic web. 318 00:18:39,720 --> 00:18:43,560 Speaker 1: It's more about relying on blockchain technology to underlie a 319 00:18:43,720 --> 00:18:46,200 Speaker 1: future version of the web, so that the web would 320 00:18:46,240 --> 00:18:50,040 Speaker 1: actually be built on top of blockchain. Uh. This is 321 00:18:50,080 --> 00:18:53,119 Speaker 1: the future that crypto enthusiasts and n f T fans 322 00:18:53,240 --> 00:18:56,560 Speaker 1: really get excited about, and one in which there would 323 00:18:56,600 --> 00:19:00,440 Speaker 1: be like a token based economy and a decent trualized 324 00:19:00,440 --> 00:19:03,360 Speaker 1: approach to the web, at least in theory. But as 325 00:19:03,359 --> 00:19:05,240 Speaker 1: I said, I'll have to do a full episode about 326 00:19:05,280 --> 00:19:08,240 Speaker 1: what Web three really means and what it might really 327 00:19:08,280 --> 00:19:11,159 Speaker 1: look like in the future, and question about is it 328 00:19:11,240 --> 00:19:15,480 Speaker 1: truly decentralized or not spoiler alert, I am a skeptic. 329 00:19:16,040 --> 00:19:20,520 Speaker 1: But for now, that's a quick refresher on what Web 330 00:19:20,600 --> 00:19:23,400 Speaker 1: one point oh, which really wasn't defined until that era 331 00:19:23,560 --> 00:19:25,960 Speaker 1: was coming to an end, and Web two point oh 332 00:19:26,119 --> 00:19:29,879 Speaker 1: actually are and again in the future I'll tackle Web 333 00:19:29,960 --> 00:19:32,879 Speaker 1: three now. If you have suggestions for topics I should 334 00:19:33,080 --> 00:19:36,000 Speaker 1: tackle on tech stuff, let me know on Twitter. The 335 00:19:36,040 --> 00:19:39,480 Speaker 1: handle for the show is text Stuff hs W. I 336 00:19:39,560 --> 00:19:41,720 Speaker 1: look forward to hearing from you, and I'll talk to 337 00:19:41,720 --> 00:19:50,400 Speaker 1: you again really soon. Text Stuff is an I heart 338 00:19:50,480 --> 00:19:54,240 Speaker 1: Radio production. For more podcasts from my heart Radio, visit 339 00:19:54,280 --> 00:19:57,320 Speaker 1: the i heart Radio app, Apple Podcasts, or wherever you 340 00:19:57,400 --> 00:20:00,960 Speaker 1: listen to your favorite shows. Eight