The basic concepts and theory behind the idea of a 'semantic web' are already available in XML-based documents produced in Word 2007 and Open Office. This has potential implications for the way records could be managed within organisations, leading to the possibility of a 'semantic office'.
On Google Wave for a few weeks now... what is the future of this thing? It is SO different, some say an email killer, maybe, some say a collaboration tool, maybe so too. Whatever it is, it takes a little getting used to and I'm still using email and Office and all the others...