Time's Person of the Year: you.

By Donnell Alexander . Posted December 17, 2006.

Well, well, well... it'll be the rage for these next 15 seconds, but Time has basically crowned "Web 2.0" the official whiz-bang-iest thing out there right now. It's all about you and me, and what we do with ourselves online these days. There's a great post over at Read/Write dissecting what Time got right, and what they got terribly wrong (note: this is not a "revolution")... Overall, though: what a strange media moment.

Brian Williams, the darling of NBC, had this to say:

We work every bit as hard as our television-news forebears did at gathering, writing and presenting the day's news but to a smaller audience, from which many have been lured away by a dazzling array of choices and the chance to make their own news.

See more stories tagged with: media, technology, internet, youtube, web 2.0, corporate media, user-generated content, digg

Deanna Zandt is a contributing editor at AlterNet.

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