On October 28, Mark Zuckerberg and Meta announced the astounding creation of the ‘metaverse’. This remarkable world is set to be a second reality to our lives, using various technological devices, such as a pair of glasses with augmented reality. This means we can see virtual objects in our vision while still interacting with the real world.
Zuckerberg gave examples of what could happen in his world. The entire keynote was performed in a simulation of the ‘metaverse’, as everything he describes surrounds him, such as “an incredibly inspiring view, of whatever you find most beautiful.””.
During the presentation, he gets a call from a coworker & joins a group of people virtually. They play cards with their three-dimensional characters while floating above Earth, in a spaceship.
There are many aspects of this world. You may be able to play pickup basketball with people from the other side of the world. You can virtually be at your desk job while being at home, but also be able to focus on your work by loading up a tropical beach to sit on.
Zuckerberg explained that having the metaverse to work in, will be very important for people going into the workforce soon, such as teens, who might grow up working from home. He explained that working from the metaverse will, “be very positive for our society, and economy.” and using the metaverse we will likely see it, “Dropping our daily commutes, and [we can spend] more time doing things that matter.”.
Second realities with economies, characters, and worlds, are gradually becoming more adopted in society. Earlier this week a 3D modelled yacht sold for $650,000 on a game, similar to the ‘metaverse’, that hasn’t been released to the public yet.
Unfortunately though, it won’t all be here soon. Mark believes that the tools to make this happen might take over five to ten years to complete. Fortunately, his products such as Meta’s Oculus Quest, allow you to take a step into what it could look like, with many apps already available for some awesome experiences.
Meta spoke much about privacy, an idea they might have a rough time being responsible for. They have been under fire recently for their controversial privacy and algorithm policies. Zuckerberg assured everyone that, “Privacy, and safety need to be built into the metaverse from day one.” Mark & Meta are obviously trying to rebuild their corporate ethical reputation.
The demand for this product may be infinite. Luckily for Meta, the content will not be financially overwhelming, as a lot of it will be created by the community around it, for free. However, expect to be paying for a lot of these experiences, as Mark mentioned there will be much monetization.
Overall, this announcement should have many excited. There is no doubt that whether it is Meta, or somebody else, we will be in these worlds very soon.