The document discusses the evolution of the World Wide Web from version 1.0 to the proposed version 3.0. Web 1.0 allowed only one-way consumption of information from static web pages. Web 2.0 enabled two-way interaction and user-generated content through technologies like blogs and social media. Proposed Web 3.0 would feature a semantic web with interconnected knowledge and intelligent systems that can process natural language. It would use technologies like semantic annotations, distributed databases, machine learning and autonomous agents. Several challenges for developing Web 3.0 are also outlined, such as the vastness of web content, vagueness of information, uncertainty and potential for deceit.