This document discusses how higher education (HE) is lagging behind the shift to Web 2.0, which encourages user-generated content and social networking. It outlines four implications of this: 1) Improved access to information but issues with access and skills; 2) The rise of social media that encourages collaboration, unlike the traditional individual focus of HE; 3) A disconnect between how students now learn socially online and HE's more formal approach; 4) HE needs to adapt spaces, teaching methods, and curricula to better align with Web 2.0 skills and collaborative, participatory learning.