Web Phantom

I have a dream (please pardon me for copying a Martin Luther King's phrase):

That some day someone (who?) can create some kind of "Web Phantom" —a special software— that automatically send the first 50 words of each website to a huge repository of visible, manipulatable-by-all-of-the-users, shareable, modifiable, crystal-clear, see-thru, free databases, not hidden to the public eye —hidden are the databases of Google, Ask, Bing, Yahoo!, et cetera.