Interview with Geert Lovink
Sunday, April 30th, 2006nterview with Sole 24 Ore: Crushing the Web 2.0 Myths
Interview with Geert Lovink by Vito Lops
For “Sole 24 Ore” the main economic newspaper in Italy
April 21, 2006
VL: Can we say that we finished the transition from the New Economy to Web 2.0?
GL: Indeed, we have left the post-dotcom era, a relatively quiet period that gave people time to catch up with other aspects of life and develop ideas. Let’s get to the core of the Web 2.0 question: should we welcome the next round of nonsense investments? No. The problem is really not the Internet and the next generation of exciting applications. We should carefully listen to those closest to the fire, like Ed Phillips in San Francisco, who at the nettime list on March 23 2006 observed that surplus stock market money is, once again, roaming around the Bay area, looking for victims. Venture capitalists are Draculas, demolishing interesting Internet initiatives, forcing them into hyper-growth and takeovers. It’s the opposite of distributed and networked activities and their involvement only benefits the further concentration of power in the hands of Yahoo, Google and Microsoft. (more…)

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