Web 3.0: A VC Primer for the Next Step in the Internet's Evolution
Looking towards the future is an inevitable aspect of VC technology investing,and while we all dislike catch phrases or "trends-dujour", it is critical to understand the implications of the next looming step in Web evolution ( download this primer here ). Problem : The Internet is currently a jumble of data categorized for people BUT searched by computers . Solution : Create a system that allows computers to understand the meaning of the data the way people understand language like using words to form a sentence. Web 3.0 is the unification of disparate data systems thru standardization making the Internet intuitive for people and computers alike, hence, the "Semantic Web" which emphasizes the real meaning of data on the Internet. The goal is to treat data objects like ideas and real language thereby achieving the real meaning of the "information age". Here are the highlights of the direction of Web 3.0 and what it will mean to any V