The document discusses the current state of the web and information extraction. It notes that the web currently consists of both a "web of humans" with user-generated content and social aspects, as well as a "web of machines" with programmatic APIs and services. However, these two webs currently interact only to a limited extent. The document advocates for smarter machines that can extract more useful information from the web to benefit both humans and other machines by helping tasks like job searches directly return relevant results rather than just pages containing job listings. Overall, the document frames information extraction as a step towards making machines smarter and able to better understand and utilize the vast amounts of data available on the web.