The document discusses definitions and characteristics of Web 2.0. It defines Web 2.0 as referring to more collaborative and richer user experiences on Internet applications compared to earlier brochure-style Web 1.0 sites. Key aspects of Web 2.0 include harnessing collective intelligence, new technologies like RSS and XML, collaboration and user-generated content, and new business models centered around advertising and usage-based models. Examples provided include Wikipedia, YouTube, blogs, and sites enabling mashups and user reviews.