Web 2.0 is the term given to the newer, more sophisticated and improved version of the World Wide Web. According to Jutecht in his You Tube video this second phase of the Web is, "a service of Web development conferences that started in October 2004".
When asked to define Web 2.0 O'Rilley (founder of media company: O'Rilley Media) stated that, "the net work is the platform, the rules for business is different. The cardinal rule is this one: Users add value". For example, databases that grow in the number of uses also become better at the same time. Web 2.0 allows the user to have much greater participation within services than has ever been had before.
Web 2.0 is an advanced level of technological interactivity between web sites and services. It is a sociological phenomena originating from regenerated types of online communities and social networks, enabling a space of interactivity/communication inclusive of millions.
EXAMPLES:
Web 2.0 includes sites that enable users to interact with each other in an ever changing and growing space within the World Wide Web. Common examples include sites such as: