"How does it differ from Web 3.0"
The key principles behind Web 3.0 are vastly differnent to those of the semantic web. In Web 3.0 it is theoriesed that there should be fewer internet sites which are large collections of information rather than in a semantic web where information is spread around but more intelligently labelled.
There are examples of Web 3.0 on the internet today, and these include Facebook, Myspace and YouTube. The other main theories of Web 3.0 are that content should be user generated rather than insitutionally created. It also states that information should be moderated by the users themselves, thus creating a self contained community. Take YouTube as a good example, it's content is created by the users (produsers).
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