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"Steve, what's the next hot online community?" It seems as though everybody is on the lookout for the successor to MySpace, Twitter or Facebook. Nobody, even in a difficult economic climate, wants to be viewed as a latecomer. Perhaps as a defense mechanism to avoid being wrong myself, I now give a boilerplate answer that I believe can last. In short, the next big community is not a single destination. Rather, it is going to be everywhere. To paraphrase Forrester analyst Charlene Li, social networking is becoming "like air."

The problem, however, is that this model can't scale. Tastes change and people are always migrating to trendier sites-especially as their friends do. As a result, the Internet amber is littered with fossilized communities that once dominated. These former stalwarts include AOL, Angelfire, TheGlobe.com, GeoCities and Tripod.

Community today is a different animal. People now expect it to be part of virtually every online experience. Most media companies now allow users to leave comments or even create profiles. Hundreds of thousands of brands, NGOs and individuals have set up their own social networks on Ning.com. The entire web is going social.

Disruption & Opportunity The Web 2.0 Summit focuses on emerging business and technology developments that utilize the Web as a platform and defines how the Web will drive business in the future. Now that the Web has become a robust platform with countless innovations driving its ongoing development, widespread disruptions in traditional business models are well underway. But within the chaos of disruption lies the seeds of opportunity. We'll focus on the startups and financiers tending those seeds, of course - including the second annual Launch Pad. But we'll also highlight how the incumbents are also taking advantage of disruption, or, at the very least, how they are responding to it so as to protect their market positions. Read more.