Opening Keynotes on Monday evening

Tim O'reilly live

So after a brief talk by Rael Dornfest, We're into Tim's talk. He's doing his radar talk but not using his usual quote. This time he uses the pulling your weight quote. Then talks about hackers pre-production and pre-business. Mentions Snowboards, makers, Chumby and quick to produce hardware. Didn't know O'reilly was an invester in the Chumby. Made in China.com came up because theres lots of parts being made and others creating interesting bikes. Tim calls it opensource for hardware. Then points to a few talks like Matt Webb's and Adam Greenfield's talks. Moving on Tim brings up the Digg model for threads – Threadless.com. The future of manufacturing? Maybe but Tim did say something interesting about how you can make only the right amount of things. So labor costs and environment costs can be calculated a lot better.

The future of Attention. The attention recorder comes up but Tim talks about how people are putting out more details about themselves and shows off Twitter and Twitter vision. No one knows why its interesting it just is – promiscuous attention. Talks about Jyko? Looks like twitter. Tim says something is bubbling up here which he can't put his finger on quite yet.

Web 2.0 and Wall Street? Tim talks about Cathy Sierra and how the stalker has kept her away from the conference. Good on you Tim. transparency. Now hes talking about Limewire and Limebrokerage. Now prediction markets in inkling markets, just in time for a quick plug for the new magazine release 2.0.

Right now Peter Rip's: Web 2.0 over and out. Tim talks about what different about web 2.0. What Distinguishes Web 2.0 Uses System that harness network effects to get better the more people use them. Tim now brings up a screenshot of Aljazeera  and the page translated by Google. And makes the point that translations haven't got better, there's just more data to parse. Brings up Freebase then wonders where is the web 2.0 for credit cards and address books? Wesabe and Mint come up, how do we harness collective intellegence into old economies like banks and building socities.

Finally he ends up talking about online and offline and Adobe Apollo for about one minute.

Good talk Tim

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Author: Ianforrester

Senior firestarter at BBC R&D, emergent technology expert and serial social geek event organiser.