Will Web 3.0 give power back to the people?

One of the biggest topics among the Technorati today is Web 3.0. For many, this came out of the blue. How many even realized there was a Web 2.0? 

Proponents of Web 3.0 say that soon, users will have full control of their online persona and be able to connect with friends, purchase products and services, and consume content without having to rely on large commercial platforms. Based on a set of principles and backed up with new, creative technologies, it promises to democratize the internet and liberate online users from the clutches of over-controlling digital giants. 

It will, in short, put power back into the hands of people. But is that a realistic prospect? In episode two of Mike and Amit Talk Tech, these two award-winning professors ask whether Web 3.0 will live up to the hype, or whether it’s just a pipe dream.