Having failed to make out like a bandit ($10m before taxes is more then you or I will see in one shot, but it’s not exactly FU money) during Web 2.0, Jason Calacanis is determined that the same thing won’t happen on the next wave.
That’s why he’s decided that Web 3.0 = Mahalo, his ‘search service’ which pays people above minimum wage to write how to’s and group search results a la About.com in 1999. About.com, of course, sold in the $400m range so you can see what Calacanis is gunning for. And Mahalo’s not a bad site, just nothing special or revolutionary.
Which brings us to web 3.0, which Calacanis says is “the creation of high-quality content and services produced by gifted individuals using Web 2.0 technology as an enabling platform.”
If that doesn’t make you laugh just by reading it, then you’re reading the wrong site, but for the rest of you– what he’s really trying to say is that if you add editors to the wisdom of the crowds, you’ll get web 3.0. Just like Netscape, er Propeller, right?! In all reality this definition could have applied to any of Jason’s projects, past present or future. He’s an old school media guy, not there’s nothing wrong with that. It’s the cloaking of basic media tenets in garbled nonsense that’s annoying as hell. Instead of leading the way and actually explaining a thing or two to web 2.0 whippersnappers, Calacanis has a way of leading by following which is clever but ultimately meaningless.