Web 2.0 Expo 2007

This morning’s Wifi connection at the Expo is much better. Connection was a lot easier. Hopefully this will be so for the rest of the day.

The sessions started earlier this morning at 8:30am. I attended the first talk of the day by eBay’s Billingsley on The Future of eCommerce. The Internet penetration for GDP of different regions of the world was enlightening. North America, Europe and Oceania are still the places in the world that will have most Internet money for the next five years, Billingsley thinks. Asia, even with the population strength of China, has a long way to go – primarily cultural issues – payment over the net is still considered ‘untrustworthy’. Trust is the key issue. As for the business model, opening the core services of eBay as APIs for developers to extend the site is the way forward.

Keynote part 2 is about to start.