Okay, if you haven't heard of "web 2.0" or "cloud computing" then you are much luckier than me. These ideas have been around for years and have become some managment BINGO game in the last couple of years.
Let me try to define these in the simplest terms possible as I understand them:
Web 2.0 - New technologies and infrastructure supporting a more rich Internet that original conception of accessing files. You could say that blogging, Active X, intelligent web applications, and RSS feeds are part of Web 2.0. Just as with cloud computing, the term is debated by most standards bodies.
Cloud Computing - Sharing servers and processing. To me this really isn't a new concept. You're paying for bandwidth, processing, application hosting. This could be confused with the notion that computers operate in a "cloud" and do not care about how the information travels.
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