TechCrunch Europe’s Mike Butcher and myself just finished conducting a short video interview with entrepreneur and author Andrew Keen about the end of Web 2.0 and the dawn of a new age of individualism, driven primarily by Twitter. [Mike Butcher writes] The controversial, anti-Web 2.0, figure of Andrew Keen spoke at the Next Web in Amsterdam and outlined some of the themes that he is developing for his next book. Keen is most famous for deriding the ‘cult of the amateur’, as he calls it, or rather the explosion of social media which arose with the new platforms to emerge alongside what became known as Web 2.0. In a long speech - without notes - he talked about a new age of individualism. With the end of the industrial revolution, “we”, essentially are now “the product”. He said we are entering a “revolutionary age in which traditional, industrial media is being swept away by individuals.” That sounds familiar to his previous pronouncements. But his speech hit a crescendo when he practically shouted across the conference hall that “Web 2.0 is fucked! Web 2.0 doesn’t work - it doesn’t generate revenue.” Afterwards, he repeated the charge in the video above. Keen believes traditional media dies

with Web 2.0 and although technology enables self expression, is “not a viable media economy.” In fact he claimed even “TechCrunch, the leading Web 2.0 cheerleaders have come to the conclusion that YouTube [for instance] does not work”, does not create profit. We may have to check that… But, ironically perhaps for some observers, Keen is now a fully-fledged fan of Twitter. In fact he called Twitter the “nail in the coffin of Web 2.0″. He said it’s “the future of individual media in the age of the individual… a future when individuals become brands. People with skills are able to sell their skills on the network. I call this real time social media.” But this is also “intimidating and scary” to him. It is “Darwin and Marx at the same time.” He thinks Twitter is “Feudal” in that those with large numbers of followers behave like barons of old, picking those they favour at random… Crunch Network : MobileCrunch Mobile Gadgets and Applications, Delivered Daily. The rest is here: Interview With Andrew Keen At The Next Web 2009: “Web 2.0 Is F*Cked”

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Interview With Andrew Keen At The Next Web 2009: “Web 2.0 Is F*Cked”