What is a Folksonomy

It may be the next new word for Webster's dictionary. For a definition take a look here:

IAwiki: FolksOnomy

And for more discussion of this point here is an interesting discussion at Verderwal.net

I saw a great article the other day discussion the folksonomy idea, particularly as it displayed on sites like del.icio.us and furl. Its listed in my FURL archive, which you'll find in the right-side column. Basically the concept is that there are (at least) 3 ways to index information -- have professionals do it (librarians); had the content creators do it; or have readers do it (folks.) And it seems that having the folks do it can have some pretty significant advantages. Its a very interesting discussion.