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Web 2.0 to Web 3.0 and what it all means to the Real Estate Investor

October 14th, 2009 Leave a comment Go to comments

There is a lot of buzz today in the computing and IT world about something that is being called “Web 3.0″.  This is supposed to be exactly what the label implies: the next generation of the Internet. The next great quantum leap forward in communications and doing business on the Internet.

We are currently residing online in Web 2.0. If “Web 1.0″ could be considered just getting the Internet up and running and working out the incredible “bugginess” of its original platforms, Web 2.0 was what we first reached at the dawn of the 21st century. Computer programmers are basically the ones who first notice any quantum leap forward in the entire fabric of Internet applications, and when they mutter “Web 2.0″ they mean an Internet with:

* enhanced communications by way of social-networking technology;

* improvements in communications and interactions between separate software applications by way of open Web standard applications for accessing and describing data;

* enhanced Web interfaces which mimic desktop applications’ real-time responsiveness inside of a browser window.

Now, say those who believe that Web 3.0 is landing on the White House lawn momentarily, we are about to see implemented a new Internet experience, one in which the Internet “gets smart” at long last and becomes much more like Artificial Intelligence (  A.I. )  This will, in part, be the “Semantic Web” that was prophesied at the close of the 20th century by Tim Berners-Lee, the creator of the World Wide Web.

The Semantic Web, said Lee, will enhance every piece of data on the Internet with related “metadata” . This would, for instance, enable currently passive computer applications to think about the data you enter and advise you. In the world with the Semantic Web, your Yahoo calendar will suggest other people who might want to come to a certain meeting that you are attending on Thursday afternoon, for instance; it will make these suggestions based upon metadata about you and then linking with other, tightly related metadata of people on the Internet. Another example of this might be Ning, which is a Web service that allows users to design and own their very own mini Facebooks.

For business applications, it’s easy to conceptualize situations where the computer can be set up to automatically cold-contact highly targeted leads–without any need for autoresponders or opt-in e-newsletter lists. Cold contacts would always be niche target and there would be no need to follow up except to close a sale. Even ongoing communications pre-sale and post-sale could be carried out by your Virtual Self.

But are we really there yet?   NO !!! And anyone who tells you otherwise is either full of it or just not all that aware of how things are. We are, at best, approaching or in “Web 2.1″.

Let’s consider trying to use that Virtual Self. Today’s leading “virtual self” software program is known as My Cyber Twin, and owned by Sydney, Australia’s Relevance Now company. With My Cyber Twin, you set up your very own virtual clone. This clone of you is supposed to mimic your personality in every way (as far as holding conversations with other, real people online), and it can be embedded in your website, into your Facebook account, on your blog, and so on. With your virtual clone at the ready, you can be away on vacation for a whole week, not even check your website’s visitors the entire time, but let others learn more about you as a person and perhaps about your professional offerings–all in a personalized, totally interactive way. It won’t be people needing to read your profile or articles or watch your videos. The idea behind MyCyber Twin is that it responds to spontaneous questions from even total strangers, and does so in a way that captures your particular way of phrasing answers as you would do in real life. Maybe your clone could even open and close sales for you–while you are skiing, taking your wife out to dinner, or just catching up on your creative literature reading.

Says Liesl Capper, co-founder and CEO of Relevance Now, “We wanted to build software clones of humans that learn about you and effectively function on your behalf. The problem with creating a chat AI is that it’s very laborious, trying to think of variations on what people will say and then creating responses. Building one has always been a labor of love that takes months, if not years. What we have built is the ability for people to make a cyber twin really quickly.”

Well, unfortunately, this positive outlook may be fact in the future–but that would be the more distant future. Perhaps by 2020. But not today. And tomorrow doesn’t look good, either. Today, it’s a sci-fi version of wishful thinking.

My Cyber Twin could take an entire day to program with pre-scripted answers that you put in your own writing in response to a wide array of possible questions from strangers drawn from the Myers-Briggs Type Indicator, a very widely used personality assessment test. And while it’s definitely impressive as far as it goes, you won’t have created a thoroughly real simulacrum of yourself for all those efforts–although visitors who come to your website while you are inabsentia might very well learn more about you and what you offer and be more intrigued about coming back to tal to the real you than they would if they only had blogs, articles, website content, or videos to inform them about you. But yourCyber Twin won’t be closing any sales for you.

Also, to program your Cyber Twin to be even more advanced and spontaneous-seeming, you can laboriously sift through and answer 425 pretty deep questions across 18 subject areas including family, philosophy, religious views, and sense of humor. But even if you take this trouble, there are already other virtual self software programs in existence that are more realistic but still don’t pass the Turing Test.

This is just one example of current Internet technology that proves that if you run a business, you will need to continue doing your own marketing and continuing your current efforts. There is plenty of technology–including the current version of MyCyber Twin–that can help you out. But for today, and tomorrow, there is no such thing as Web 3.0. Real Estate Investors beware of services that promise you technology that does not exist. Its not ethical to call a service Web 3.0 that is no more than Web 2.0 marketing done for you.

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  1. October 14th, 2009 at 18:07 | #1

    Great article Duncan. Thanks for making the complex simple.

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