Time's Person of the Year: You

Time magazine recently named “you” as the person of the year for 2006. As Paul Kedrosky calls it, this most certainly means the market peak for user-generated content and, in my opinion, quite possibly a hype peak for Web 2.0.
Here are some excerpts from the Time Magazine cover Person of the Year cover story.

“Who has that time and that energy and that passion [to make mashups, do blogs, make YouTube videos, etc.]?””The answer is, you do. And for seizing the reins of the global media, for founding and framing the new digital democracy, for working for nothing and beating the pros at their own game, TIME’s Person of the Year for 2006 is you.”
“Sure, it’s a mistake to romanticize all this any more than is strictly necessary […] But that’s what makes all this interesting. Web 2.0 is a massive social experiment, and like any experiment worth trying, it could fail.”

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