The document discusses the characteristics of Web 2.0, which emerged from brainstorming between O'Reilly Media and MediaLive International. Web 2.0 is characterized as being multidirectional, allowing for direct contact and interaction between users through social networks, search capabilities, and collaborative knowledge sharing. Some key aspects of Web 2.0 include social networks that facilitate participation and sharing, internet applications similar to desktop programs, and service-oriented structures that allow information and services to be shared across different Web 2.0 applications. The document also outlines design patterns for Web 2.0 applications.