Yahoo and Web 3.0

Yahoo! Developer Network Mixer
Image by Jeff Kubina via Flickr

I recieved a shared reader item yesterday from a guy I know in Chicago, Noel – it was called “The Future of Web 3.0 According to Yahoo!”  I’m not sure what it is about Yahoo, but it seems like I’ll never not like them.  I think it has to do with them being to big daddy when I first got into the web stuff 10+ years ago, but I no matter what, it seems I always try to do right by them.

The article is basically promoting the “new and innovative” things they are doing.  Probably spin on the layoffs that are rumored for them in the near future.  Either way the opening sentance caught my eye:

At the Web 3.0 Conference and Expo in Santa Clara today, Dave Beckett (principal software architect at Yahoo!) and Tom Hughes-Croucher (technical evangelist, Yahoo! Developer Network), answered questions about the recent consumer release of Yahoo! Open Strategy (Y!OS) and discussed the company’s future plans to open up almost everything.

With real focus on the last line “the company’s future plans to open up almost everything“.  Man, this is a bold statement.  I think it has to be a bit risky at the same time.  If they do this – it will be very interesting to see how they do.  I can only assume they goal here is to create more and more traffic.

When you think about it – there are really two ways to make money on the web.  You either “charge” or ask for a subscription.  This could be a formal, walled garden approach or even just the classic “donate” paypal button.  Or, you use banner ads.  Now these ads may take on many forms, graphical, text, attached to a newsletter or wahtever…but that’s it.

So, we’ll have to wait and see how they do – you know I’ll be pulling for them, I always do!  :)

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