Web 2 0
Tim O'Reilly coined the term Web 2.0 [here]
Web as platform
Listpoint is a service available on the web rather than a shrink-wrapped product that can be installed locally.
Harnessing Collective Intelligence
We trust our users to create and maintain the content that is useful to them and their interface partners. How quickly and accurately this is done is constrained by how much it matters to them rather than by the availability of centrally provided staff and budget.
Leveraging the long tail
Because most of the complicated stuff is managed centrally the cost to join in and share some additional content is minimal for an individual business domain expert or application developer
Data is the next Intel Inside
The code lists and where they are used is the key information resource that Listpoint maintains. This becomes more valuable to all as it becomes more comprehensive.