
Reed Hastings, founder of Netflix, defines Web 3.0 according to the different phases of the web over the past dozen years or so:
Web 1.0 was dial-up, 50K average bandwidth, Web 2.0 is an average 1 megabit of bandwidth and Web 3.0 will be 10 megabits of bandwidth all the time, which will be the full video Web, and that will feel like Web 3.0.
Also known as the “semantic” web, once utilized, websites will become more realistic, moving away from being two-dimensional towards the eventual goal of three-dimensional. Could we be seeing holograms soon? Actually this semantic web appears to be creating spiders, cookies, search engines, etc. more aware of what users are searching/looking for online and bringing up more concise results.
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