Here's an interesting description by D. Roberts about social media as a collection of knowledge assets that have to be organized, in order to achieve what he calls "Tangible Knowledge, the Holy grail of finance".
Some highlights from my transcription below... (continue...)
"A new microformat for online news has been developed by the Media standards Trust and the Web Science Reaseach Initiative: it's called hNews.
The goal is to make relevant elements of news articles machine-readable, and at the same time, to disply these metadata in a user-friendly format. ....."
Hopefully by the end of the year, the semantic search technology of Twine will make a further step into the construction of structured data on the Web, and its successor T2 will be released.
From an interview with Nova Spivack (CEO of Radar Networks, the company behind Twine) we can argue four main points..........
"Although the Semantic Web (SW) is still very much in its infancy, there is already a lot of data out there which conforms to the proposed SW standards (e.g. RDF and OWL). Small vertical vocabularies and ontologies have emerged, and the community of people using these is growing daily.... "
Here's a great video presentation I found about the Semantic Web; I transcripted all the main parts here below.
Text transcription:
The Internet as we know it today is in an extending success: more than 1.300.000.000 (1,3 billions) people are connected to the Web across the globe.
In 2006, 161 EB of informations were created or replicated world wide.
IDC estimates the increase over 6 times this metric by 2010 - to 988 EB, or to 1 ZB a year.......
A new format named Common Tag has been developed by major companies operating in the field of the Semantic Web to address the problems related to the ambiguities in Web contents.