The document discusses building open specifications for the social web. It notes that open data and services are increasingly important as more things move online. It outlines several existing open specifications for identity, discovery, authorization, relationships, and activities. These specifications were developed similarly to open source software, with communities creating freely implementable standards. However, open specifications still face challenges around licensing, copyright, communities, and incubation of new specifications. The document proposes the Open Web Foundation to address these challenges by licensing specifications freely, using Creative Commons for copyright, supporting communities, and incubating new open web specifications.