Web 2.0 refers to a set of technologies and principles that promote user participation, openness, and network effects. It includes user-generated content through blogs, wikis, social bookmarking and social networks. While promising new ways for users to engage with information, Web 2.0 also raises issues around ensuring quality, managing risks, and protecting user data and privacy that information professionals must navigate. Overall, Web 2.0 has the potential to greatly benefit users and organizations if adopted carefully and guided by its principles of openness, sharing and harnessing collective intelligence.