Last week, we invited big-thinkers Reid Hoffman and Tim O’Reilly into the TechCrunch Studios to talk about Hoffman’s definition of “Web 3.0”– a torrent of innovation that’s going to be unleashed by all of this personal data being collected about us. In the first segment we talked about the scary implications of this wave of companies, and in the second segment we talked about the sometimes-futuristic, exciting ways data could make our lives better.
In this segment, I ask the two whether Web 3.0 is here now. The answer is yes and no. Like the shift from Web 1.0 to Web 2.0 the lines are blurred, with some companies– like Google back then and Groupon today— straddling two worlds. But the two are making investments in uber-data-centric companies now.