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Liam Proven, writing for The Register, concludes that web3 is "a myth, a fairy story. It's what parents tell their kids about at night if they want them to grow up to become economists". [44] In 2021, SpaceX and Tesla CEO Elon Musk expressed skepticism about web3 in a tweet, saying that web3 "seems more marketing buzzword than reality right now ...
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The Semantic Web, sometimes known as Web 3.0 (not to be confused with Web3), is an extension of the World Wide Web through standards [1] set by the World Wide Web Consortium (W3C). The goal of the Semantic Web is to make Internet data machine-readable.
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Web3 (sometimes referred to as Web 3.0), a general idea for a decentralized Internet based on public blockchains. Topics referred to by the same term This disambiguation page lists articles associated with the title Web 3.0 .