The entire movement felt like a massive tragedy of the commons. There is just no incentive for any single player to push the standard forward and the commercial

The entire movement felt like a massive tragedy of the commons. There is just no incentive for any single player to push the standard forward and the commercial players are already reaping enough benefits from Web 2.0 that putting more money in Semantic Web makes no sense. Semantic Web was supposed to be the Web 3.0. It's so dead now that even its name is stolen by the blockchain. RIP.