Is Web 2.0 A Silly Waste of Time?

From a letter from Brad Fallon, Free IQ CEO:

"Web 2.0: Serious Business Tool or Silly Waste of Time? That was the title of a recent E-Commerce Times article. And it is a legitimate question. The technology is terrific, but what good comes out of it? As business executive Kevin Walker points out "Web 2.0 is a waste of time...a lot of people killing time watching inane videos. A lot of people killing time with dumb-dumb blog entries. A lot of people killing time complaining about their stay at some random Holiday Inn."

"There is a lot of technologically advanced time-wasting going on out there. And that’s where Free IQ steps in with important content. Free IQ empowers people to get better at the things they care about. Free IQ has the first mover advantage in the online video space for people who want to make more money, get a great travel deal on their next vacation, become a better golfer, learn to give a more dynamic business presentation, and any one of thousands upon thousands of skills they need.

"Whether you’re focus is on delivering traffic as an Affiliate or you’re a Premium Content Provider (or hopefully both) your association with Free IQ uniquely positions you to profit. You’ll prosper along with Free IQ as people move from using Web 2.0 tools for nothing but fluff to realizing what tremendous tools they are for learning and information distribution.

"Let’s all do something meaningful together, something that can deliver value to millions of internet users. Let’s get busy creating the next wave of Web 2.0 at Free IQ."