Simon Montford has high expectations for this week's Web 2.0 Summit, which he will attend for the first time after years of wanting to come to this emblematic conference about the Internet economy's challenges and opportunities.
As he gets ready to launch his Vibio.com social trading tool, which is now in private beta, Montford decided that attending the Web 2.0 Summit, a considerable expense for his London-based startup, is worth it.
The company, which has a sales office in San Francisco and its development team in Scotland, is now putting the finishing touches on its Web application and moving into customer acquisition mode.
"My primary objective at Web 2.0 Summit is knowledge acquisition to see what others are doing in this space, what complementary companies are attending the event that we could work alongside, and what quality people would like to work on the Vibio project," he said.
Montford will be among 1,000 other entrepreneurs, venture capitalists, industry pundits, technology honchos, and business executives gathering at a hotel in San Francisco from Tuesday until Thursday.
High-wattage speakers will include Yahoo CEO Carol Bartz, AOL CEO Tim Armstrong, Twitter CEO Evan Williams, Web luminary Tim Berners-Lee, Intel CEO Paul Otellin, Facebook COO Sheryl Sandberg and Adobe CEO Shantanu Narayen, along with high-ranking executives from SAP, Microsoft, Nokia and MySpace.
At the event, produced by O'Reilly Media and TechWeb, conference moderators John Battelle and Tim O'Reilly will hammer on this year's main theme, which they call "Web Squared." The idea is that, no longer a gee-whiz set of novelty online services, Web 2.0 applications, technologies and sites have become an integral part of the world, woven into the fabric of people's lives, and as such carry a bigger set of social responsibilities.
"The new direction for the Web, its collision course with the physical world, opens enormous new possibilities for business, and enormous new possibilities to make a difference on the world's most pressing problems," reads a recent essay penned by O'Reilly, CEO of O'Reilly Media, and Battelle about the Web Squared concept.
It's a logical progression for Web 2.0 Summit, the seminal conference that chronicled the first signs of the Internet economy's resurgence and explained its causes. Now in its sixth year, Web 2.0 Summit has since analyzed the transformations and disruptions on society and the economy of Web ventures that have become financial powerhouses and mainstream consumer tools.
"If we are going to solve the world’s most pressing problems, we must put the power of the Web to work -- its technologies, its business models, and perhaps most importantly, its philosophies of openness, collective intelligence, and transparency. And to do that, we must take the Web to another level. We can’t afford incremental evolution anymore," the essay reads.
This message resonates with Yvonne Marie Andres, who feels that educational institutions have been slow and reticent to embrace Web 2.0 technologies that can energize and boost classroom learning activities through improved collaboration.
"Everybody aggress with the concept of Web 2.0 and collaborative communities but it has a long way to go before it's part of the school system, in the U.S. and around the world," said Andres, president and CEO of Global SchoolNet Foundation, a non-profit organization that tries to bridge the gap between schools and Web 2.0 tools.
A big obstacle are school IT departments that, as knee-jerk reactions, block access to online learning and academic collaboration services and sites, for fear that students will get in trouble and create a liability for the institution, she said. Instead, IT departments should work with the curriculum teams and find appropriate, safe Web sites and online tools that are out there.
A previous Web 2.0 Summit attendee, Andres is skipping the conference this year but will follow it via webcasts, Twitter feeds and other social media outlets, to share and discuss ideas on the intersection of Web 2.0 and education.
"We should be focusing on infusing this [Web
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