The work have already started. Radar Networks is a company pioneering the Web 3.0 or semantic web. They have stated to release their product in 2007 itself. They have also graph representing the growth of web:
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Keeping aside the development of these technologies, lets see how the present technology will help to move from Web 2.0 to Web 3.0. So web 2.0 is not dead? I would say no! And the major reason is we still have development in Ajax,RIA technology. It not the matter of how many web 2.0 projects is undertaken or successfully completed today, but its how we built,use and evolve (modify) these new technologies that we have today to make Web 3.0 or semantic web or intelligent web or ... so Web 2.0 is not dead but evolving.
With the work on Web 3.0 no and running, and we also see new technologies screaming "cross-platform,browser-independent etc.." its all about using these new query and rule languages and develop a semantic web. And for this we will definitely see Mashups, widgets, RIA applications and advanced search mechanism playing a major role.
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