Web 2.0 allows for greater collaboration and sharing of information online compared to the original World Wide Web. It enables users to interact with each other and generate content through social media and user-generated content on sites like blogs, wikis, and video sharing sites. While the student does not have an in-depth understanding of Web 2.0, they recognize it is important for technological progress and provides opportunities for sharing educational resources like homework and exams through a class wiki to benefit learning.