LinkedIn Founder: Web 3.0 Will Be About Data
LinkedIn founder and chairman Reid Hoffman says that the future of the web will be all about data and how we utilize it.
While  he conceded that mobile is an obvious candidate for what will define  &ldquo;Web 3.0,&rdquo; he said that data will be the platform of the next era of the  web.  &ldquo;This is where some massive innovation will happen that will  transform our lives,&rdquo; he told Liz Gannes of AllThingsD on stage, during a fireside chat at the Web 2.0 Expo in San Francisco.
Hoffman,  who is now a partner at venture capital firm Greylock Partners, says  that data will come in two forms: explicit and implicit.  Explicit data  is data that users willingly give to social networks, blog posts and  tweets, while implicit data is data collected in the background, like  geolocation information.
There are also two types of data sets, he  said: tightly held sets (passwords, credit card numbers) and open sets.   He cited Google as a company focused on the open data set, since in  order for its search engine to be functional, it needs website data to  be publicly available and indexable by its bots so it can be delivered  as search results.
All of this data will lead to a lot of interesting products and insights.  He cited LinkedIn Skills as an example of how analyzing user data can result in useful insights  and reveal trends &mdash; figuring out things like which industries are  growing the fastest and which skills are related to each other.
Source: Mashable