Old vs. New

According to Wikipedia, "new media is is a term meant to encompass the emergence of digital, computerized, or networked information and communication technologies in the later part of the 20th century. Most technologies described as "new media" are digital, often having characteristics of being manipulatable, networkable, dense, compressible, and impartial." New media sites such as Facebook, MySpace, Flickr, and Friendster to name a few are all used to collaborate, network, and the exchange information among users. New media is also known as web 2.0. Web 2.0 encompasses the user interfacing with technology. On the other hand, web 1.0 is used to describe old media which is characterizes by technology that were used merely as an ends to a mean. It is a top down approach. There is no real interaction or collaboration with the use of the technology, the creators, and/or other users.

Web 1.0		Web 2.0
Double click		Google Adsense
Ofoto		Flickr
Britannica Online		Wikipedia
mp3.com		Napster
Personal websites		Blogging

Sources:
http://en.wikipedia.org/wiki/Web_2.0
http://en.wikipedia.org/wiki/Web_1.0