Nice piece by Michael Cataldo outlining potential benefits of semantic web – in terms of making it easier to access data on the web and cross reference/ correlate the data. Michael makes the point that fuller adoption of semantic web principles at an earlier date may have assisted in preventing some of the elements of the subprime crisis.
I am very much a fan of the semantic web and indeed of the movement towards linked open data. However it is interesting to read reports of Tim Berners Lee’s own frustrations wrt advances in linked open data e.g. the fact that data is being published on data.gov in non RDF formats (thereby limiting the ability of people to browse from this data to other RDF marked up data).
I think Michael Cataldo, in looking to demonstrate potential benefits of semantic web, may be stretching things a little far wrt the subprime crisis – were people motivated to make the data easily understood or was obfuscation not part of the intent?