I had some good laughs at the linked article, which had some "insights" on my favorite whipping boy, digg. Quoting Kevin Rose, - '"Things change in the shower in the morning," he says.'
Business week seems generally shoddy to me. This article seems a classic example - throw some random punditry together (aim for big, publicly identifiable names though settle for companies with big PR budgets) that's semi-relevant to current news, add some overdramatic narrative, and don't forget the obligatory call for new tax incentives to further advance innovation. It's a big mishmash of junk.
Watch out for the auto-starting video that further proves my point.
"These Web 2.0 companies are surfing on the old wave. They're not creating the next one," says analyst Navi Radjou of Forrester Research
I'm not old enough to know either way, but I wonder if attitudes are always similar to this during a recession.