Tim O’Reilly Coined Web 2.0. He Thinks Web3 Hype Is Naive.

‘If the bubble pops, are we going to find value in those bored apes?’

O’Reilly at home in Oakland with his chickens (Alex Kantrowitz)

Five years after the dot-com crash, Tim O’Reilly coined the term “Web 2.0.” Instead of simply placing media on the web — the web’s first iteration — a new era of internet companies were treating the internet as a platform. Sites like Wikipedia…