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According to Powerset's Lorenzo Thione "Powerset is building a new search engine based on understanding human language, and understanding natural language content, both on the document side and on the query side, meaning that we can build a better model of how information is described and represented in documents than keyword search engines can do, and we can also understand the intent of the users better because we analyse any linguistic content that is present in the query... If you can crack that nut of actually understanding human language with algorithms, with computers, then you open up the door to really something that has been part of the 'collective imaginary' for a long time, which is how do people interact with technology in general?"
Are we getting closer to the Semantic Web? Try it out at http://www.powerset.com/ - but remember it's only querying Wikipedia as of now.
References:
http://www.techcrunch.com/2008/05/11/powerset-launches-showcase-for-user-search-experience/
http://www.crunchbase.com/company/powerset
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