In Peter Moville’s article Authority, he talks about the rise of Wikipedia, how Google first created folksonomy, and how power and authority has shifted due to these phenomena.

“What’s the next big thing?” everyone started asking back at the turn of the century – after the internet really hit it big. After the dot-com boom had come and crashed and crept back up again. When the world started to realize that the internet was here to stay, that it was a part of our lives, that it was indispensable. It was old hat.

“What’s next?” we asked. We looked at the few surviving dot-com giants. Amazon was huge. Ebay had become universally accepted. Google and Yahoo! were the new search engine/advertising moguls. Who was going to come up with the next killer app?

“What’s a blog?” Blogger, MoveableType, LiveJournal, and all sorts of easy-to-use publishing services sprouted out of nowhere. People kept journals, and many thought that was the extent of where blogs would go. Sure, services like Geocities and Angelfire had provided a way for the non web developer to create a personal site, but they didn’t provide the crucial element of content creation. With blogs, anyone could publish any type of content on a regular basis – and that’s what people did. The world published and published and published, until today, I’d venture to say that the majority of destinations on the internet are made up of blogs in one form or another. But it doesn’t stop there.

“So, what is the next big thing?” we continue to look around. We look everywhere – at companies, at the internet, at the world around us – everywhere but at each other. We are the next big thing. People are changing the internet. We’re deciding what news to read, and we’re providing the news. Social networks and tagging services like del.icio.us and MyWeb 2.0 are becoming the new mechanism with which to get information. These are the new CNN headlines. Personalized search engines like ROLLYO will provide more meaningful results when looking online. The world is rating and valuing the rest of the world with sites like Froogle and PriceGrabber. Companies can’t fool us anymore because we’ll tell on them. The next big thing is already happening; we just didn’t stop to realize how big this phenomenon really is. We’ve entered a new age. Welcome to the Participation Age.

Man, I wish I had this in college. Take a look at real-time collaborative notetaking with JotSpot Live.

ThinkFree Office Online is a free online version of Microsoft Word, PowerPoint, and Excel. Integrate with your blog service of choice, access your documents anywhere, and convert your documents to PDF, all from withing your browser – for free.

The prophecy is coming true: more and more applications are moving to the web, being offered free of charge, and the browser is becoming the universal operating system. Software development business models are going to have to change.

Emily Chang has collected hundreds of links to sites that are revolutionizing the web. This is a list to pay attention to. Web 2.0 is here, and there’s excitement in the air. Subscribe to Emily’s RSS feed and stay up to date. eHub will definitely be added to my feed aggregator.

Yahoo! has opened their Publisher Network to the broader publisher community. Another attempt by Yahoo! to take over the internet. Some of the benefits will be a seamless integration with other Yahoo! technologies, like Yahoo! Ads and My Yahoo! RSS feeds. I wonder how this will tie into their beta Yahoo! 360 program?