I can’t speak for the crowd but for me, Web3 encompasses the suite of new tech that prioritize decentralized self-custody of data and currency (like Bitcoin), transparency of transactions (like smart contracts), and semantic-search tools (like AI language modelers). The combination of these elements isn’t exactly compatible with the web2 way of doing things, but people are starting to understand why web3 is better than web2 and are building toward it every day.