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Economist Confused About the Semantic Web?

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The Semantic Web (capitalized to refer to the suite of official technologies) is about developing languages, if you will, with which we can encode meaning into documents in such a way that they are more accessible to computers.

Highlighted by jimfolk

The Semantic Web (capitalized to refer to the suite of official technologies) is about developing languages, if you will, with which we can encode meaning into documents in such a way that they are more accessible to computers.

Highlighted by pavel1998

By contrast, I've argued that one of the core attributes of "web 2.0" (another ambiguous and widely misused term) is "collective intelligence."

Highlighted by jimfolk

web 2.0" (another ambiguous and widely misused term) is "collective intelligence." That is, the application is able to draw meaning and utility from data provided by the activity of its users, usually large numbers of users performing a very similar activity.

Highlighted by pavel1998

at is, the application is able to draw meaning and utility from data provided by the activity of its users, usually large numbers of users performing a very similar activity. So, for example, collaborative filtering applications like Amazon's "people who bought item this also bought" or last.fm's music recommendations, use specialized algorithms to match users with each other on the basis of their purchases or listening habits.

Highlighted by jimfolk

But for me, the paradigmatic example of Web 2.0 is Google's Pagerank

Highlighted by jimfolk

What Larry Page realized was that meaning was already being encoded unconsciously by web page creators when they linked one page to another. And that understanding that a link was a vote allowed Google to give better search results than people who, up to that time, were just searching the contents of the various documents on the web.

Highlighted by jimfolk

And so, it seems to me that Pagerank illustrates the fundamental difference between the approaches of the Semantic Web and Web 2.0. The Semantic Web sees meaning as something that needs to be added to documents so that computers can act intelligently about them. Web 2.0 seeks to discover the ways that meaning has already been implicitly encoded by the way people use documents and digital objects, and then to extract that meaning, often by statistical means by studying large aggregates of related documents.

Highlighted by pavel1998

The Semantic Web sees meaning as something that needs to be added to documents so that computers can act intelligently about them. Web 2.0 seeks to discover the ways that meaning has already been implicitly encoded by the way people use documents and digital objects, and then to extract that meaning, often by statistical means by studying large aggregates of related documents.

Highlighted by jimfolk

Looking at it this way, you can see that Wesabe is very much a Web 2.0 company.

Highlighted by jimfolk

Web 2.0 applications often do a half-assed job of tackling the same problem, but because they harness self-interest, they typically gather much more data.

Highlighted by jimfolk