Time Magazine's person of the year 2006 is : You! In acknowledgment of the unprecedented scale of community and collaboration created by web users across the world, Time has made the public recipient of its annual award. Today, countless online initiatives ranging from Wikipedia, and YouTube to MySpace are powerfully bringing together the small contributions of millions of people and making them matter. It's about people helping one another for nothing in ways that are not just changing the world, but changing the very way it changes. This article provides details about the growing revolution dubbed Web 2.0 that all of us are an implicit part of.