Well, I just "finished" Thing 2, the Library 2.0 segment. Lots of reading for relatively little content. Can you spell "redundancy?"
Overall, it's just a way of saying that libraries will be using new technologies to better serve the patron in a more collaborative, interactive way. The philosophy of library service is unchanged, but there are new ways to expand services, even new services to add.
"The book" still exists. It is now electronic and belongs to everyone--just as in earlier times it moved from a single rare copy chained to library walls, to millions of printed copies in individual hands. Now, each person can hold all knowledge, both authentic and erroneous, in their hands AND can edit it, respond to it, share it, expand it, whatevuh.
I did find Wendy Schultz's article "To a temporary place in time . . . On the way to the library experience of the future" especially interesting. Library 3.0 & 4.0, heh? More power to it--renewable power!
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