Folksonomies
Folksonomies is an important evolution in the modern web. Sadagopan wrote in detail in its blog about the emergence of Folksonomies: For the people, By the People. Sometime back, Mr. Sawney a professor of Kellogs School of Management spoke about colloborative knowledge sharing & emerging social business models. Folksonomies actually talks about the same.
Adam Mathes of University of Illinios actually wrote a detailed paper on Folksonomies - Cooperative Classification and Communication Through Shared Metadata It's getting very interesting now, since off late, people read other people's mind and not newspapers. In addition, the dynamics has changed from top to down [Media publishers to people]. Now it is more no. of people actually creates the information & content and with the cheaper availability of web, spreads to other guys, who in turn are actually producers of the content & information.
With this in development, Tagging will be an important feature & functionality in the future. Rajesh Jain in his blog already wrote about Tagging and view my comments for that.
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