I moderated a panel yesterday at the Local Social Summit on the real-time Web and its impacts on the Local/Social space. Details here.

Don’t have much time to write a long post but one of the key insights that came out of the panel was:

Main benefit of the real-time Web for consumers: convenience. You get your needs/wants answered in quasi real-time, you live a more efficient life, etc.

Main benefit of the real-time Web for businesses: differentiation. It’s difficult for businesses to adapt to the demand of the real-time Web but those that will might be able to build a strong business on that differentiating factor.