XML is designed to do some jobs that HTML isn't built to handle but that really need doing. If you just want to display text, there's nothing wrong with HTML, but for automated Web processing -- enriching documents in a way that enables computer programs (like Web robots) to do something with them -- what's needed is XML.
XML was designed under the auspices of the World Wide Web Consortium (W3C). It went public in November 1996 and is already the basis for half a dozen proposals to automate Web processing. XML has a lot of people thinking really hard about what the future of the Web will look like. You need to start thinking about XML now, because a year from now you'll undoubtedly be using it a lot.
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