In my zeal to educate myself, I found out about Web 2.0.
Web 2.0 is neither complicated nor technical. Web 2.0 is about collaboration (read wikis, blog), syndication (read RSS, feeds) and mashups (read flickr and maps). It is inexpensive way of sharing information such as, say google spreadsheets. The advantage is that it enables the user, as they say the information flow is “bottom-up.”
You may read more about it here.
Check out this interesting video to explain the differences between Web 1.0 and Web 2.0.
P.S: I can’t believe I added a technology tab in my blog!