Web 3.0 is the third generation of internet services, focusing on decentralized processes and removing any middleman trying to take control of the internet. It will cause complete disruptions to how businesses and consumers interact with one another online, making customer experiences much more personalized.
The next generation of the Web will utilize decentralized networks to ensure users are always controlling their own data on the Internet.
Currently, most of us are using a second-generation web called Web 2.0, characterized by greater social interactivity, searchability, and consumption of content generated by users, as opposed to the initial catalog of web pages. Web 2.0 has moved the world away from the information-consumption-based, static, desktop Web pages served by costly servers, toward interactive experiences and user-generated content. Web 3 will take the internet to the next level, one where computers interpret information as humans do, generating customized content.
In Web 3.0 machines will handle content as humans, with whole data being linked together and understood conceptually as well as contextually, leading to the emergence of Artificial intelligence (AI) and machine learning (ML). Thus, the next generation of the web is the Semantic web, which states that instead of searching for content by numbers or keywords, we will use AI to understand the semantics of the content on the web.
Unlike Web 2.0, Web 3.0 is mostly focused on better connectivity and understanding between users and machines over a decentralized infrastructure. As we said above, it does this using technologies built around semantic web concepts and natural language processing to make users' interactions more intuitive.
Web 3.0 has other new features as well, such as the wide adoption of artificial intelligence and machine learning, as well as trustless/permissionless systems like blockchains and peer-to-peer networks.
Probably the biggest benefit of Web 3.0 is that the information will be universally accessible to everyone, meaning no more digging through content for hours on end just to find what you need.
In web 3.0 the information will be found based on its content, it could then be stored at multiple locations simultaneously, and thus decentralized; this is definitely not to the benefit of network giants such as Google or Facebook, which have achieved a near-monopoly status via exploitation-based ad and marketing practices.
