{"id":70,"date":"2008-03-11T15:07:06","date_gmt":"2008-03-11T20:07:06","guid":{"rendered":"http:\/\/haleyai.com\/wordpress\/2008\/03\/11\/over-100m-in-12-months-backs-natural-language-for-the-semantic-web\/"},"modified":"2019-01-25T08:38:58","modified_gmt":"2019-01-25T13:38:58","slug":"over-100m-in-12-months-backs-natural-language-for-the-semantic-web","status":"publish","type":"post","link":"http:\/\/haleyai.com\/wordpress\/2008\/03\/11\/over-100m-in-12-months-backs-natural-language-for-the-semantic-web\/","title":{"rendered":"Over $100m in 12 months backs natural language for the semantic web"},"content":{"rendered":"

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Radar Networks is accelerating down the path towards the world\u2019s largest body of knowledge about what people care about using Twine to organize their bookmarks.\u00a0 <\/span>Unlike social bookmarking sites, Twine uses natural language processing technology to read and categorize people\u2019s bookmarks in a substantial ontology.\u00a0 <\/span>Using this ontology, Twine not only organizes their bookmarks intelligently but also facilitates social networking and collaborative filtering that result in more relevant suggestions of others\u2019 bookmarks than other social bookmarking sites can provide. <\/span><\/font><\/p>\n

Twine should rapidly eclipse social bookmarking sites, like Digg and Redditt.\u00a0 <\/span>This is no small feat!<\/span><\/font><\/p>\n

The underlying capabilities of Twine present Radar Networks with many other opportunities, too.\u00a0 <\/span>Twine could spider out from bookmarks and become a general competitor to Google, as Powerset hopes to become.\u00a0 <\/span>Twine could become the semantic web\u2019s Wikipedia, to which Metaweb\u2019s Freebase aspires.<\/span><\/font><\/p>\n

Radar Network might also lead the way to value that Reuters seeks through its acquisition of ClearForest and their Calais web service.\u00a0 <\/span>Twine is already much more open about its semantic web ontology than Freebase and its technology is capable of Calais\u2019 tagging.\u00a0 <\/span>\u00a0<\/span>Calais is accumulating semantic assets along with Powerset, Metaweb and Radar Networks.\u00a0 <\/span>\u00a0<\/span>Unlike Calais, however, Twine has an immediately apparent go to market plan.<\/span><\/font><\/p>\n

Twine could also compete on various social networking fronts, such as with LinkedIn for professionals or eHarmony for dating.\u00a0 <\/span>Twine accumulates deeper insight into what people care about than sites that do not have the ability to categorize semantically.\u00a0 <\/span>With a little vocabulary or psychological profiling, Twine could do this extremely well!\u00a0 <\/span>For some reason, I don\u2019t think Radar Networks intends for Twine to become a Facebook competitor, but it could if they wanted.\u00a0 <\/span>Compared to Twine, Open Social is boring.\u00a0 <\/span><\/span><\/font><\/p>\n

Radar Networks\u2019 CEO and founder, Nova Spivack, has been quoted<\/font><\/a> as saying:<\/span><\/font><\/p>\n

\u00a0<\/span>\u201cTwine is more like a semantic Facebook, and Metaweb is more like a semantic Wikipedia.\u201d <\/span><\/font><\/p>\n

Maybe it\u2019s that simple.\u00a0 <\/span>But I don\u2019t think so.<\/span><\/font><\/p>\n

No, the real battle is for relevance \u2013 if not dominance \u2013 in Web 3.0, the semantic web.\u00a0 <\/span><\/span><\/font><\/p>\n

The semantic web standards for ontology are only the first step.\u00a0 <\/span>In addition to large, semantically rigorous ontologies, this battle will involve natural language processing.\u00a0 <\/span>And relatively big, smart money is being applied to the problem.\u00a0 <\/span>In the last 12 months, over $100m<\/u> has been invested in Powerset, Metaweb, Radar Networks and ClearForest!\u00a0 <\/span>The locus of attach is between semantic web standards (especially RDF and OWL, the web ontology language) , natural language processing, and related web sites and services.\u00a0 <\/span><\/span><\/font><\/p>\n