GOOGLE CEO Eric Schmidt Gives His Definition Of Web 3.0!

[Mark Williamson]

Recently while attending the Seoul Digital Forum, GOOGLE CEO Eric Schmidt was asked by a reporter to define Web 3.0.

Schmidt gave the following response:

Web 3.0 will ultimately be seen as applications that are pieced together. There are a number of characteristics: the applications are relatively small, the data is in the cloud, the applications can run on any device (PC or mobile phone), the applications are very fast and they are very customizable. And further more the applications are distributed by virus…essentially virally. Literally by social networks or by email. You won’t go to the store and purchase them. Read.