Eric Schmidt is the CEO of Google. In the 2 minute video below he describes what he believes Web 3.0 applications will be.
In summary, he defines, Web 3.0 as:
- Applications that are pieced together.
- They are relatively small.
- The data is in the cloud.
- The application can run on any device, PC or mobile phone.
- Applications are fast and customizable
- Applications are distributed virally via social networks and email.