This document discusses the development of the Semantic Web, which aims to make web content machine-readable through the use of ontologies and structured metadata. It describes how the Semantic Web will allow software agents to automatically carry out complex tasks by understanding the meaning of web pages and data. Key aspects covered include using XML, RDF and ontologies to encode semantics and define relationships between terms. The document provides an example of how Semantic Web technologies could enable software agents to automatically schedule medical appointments using information from various online sources.