What's Web 3.0?

Everybody's talking about Eric Schmidt's definition of Web 3.0. To name a few, refer to Wikinomics, Read/WriteWeb and Innovation Creators.

I missed the reference to the definition of Web 3.0 given on the O'Reilly Radar some time ago. It relates to Schmidt's definition but it's much more elaborate. Tim O'Reilly also gave his definition in an interview (on IT conversations?). Tim's definition was more about "always being online" and "Internet moving to devices".

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