This is a fast-paced digital media age. Internet, web development, social media, mobile applications, etc. have already revolutionized the digital world. And now it is the age of the Metaverse. Many of you may be already familiar with this new age technology-Metaverse. Three decades ago American novelist Neal Stephenson wrote about a parallel universe in which you can interact with others in your digital avatar. This has now become a reality. There is a lot of buzz about Metaverse in newspapers, various other media, online, on YouTube, etc. Metaverse comes from the words- Meta meaning beyond and verse is derived from the word universe.
What exactly is Metaverse?
Metaverse is a combination of various technologies like virtual reality, augmented reality, and videos where your digital avatar can do various activities like play games, do workouts, be in meetings, have social interactions, and so on. You need to wear the devices that are needed and log on to the metaverse…BOOM….YOU ARE IN ANOTHER WORLD! Many things you have watched in Hollywood Sci-fi movies are right in front of you as an experience itself.
Who owns Metaverse?
No…No…NO, as some of you might have thought Metaverse is not owned by Meta (Facebook) :). There is no single owner for Metaverse. It belongs to everyone; from the software developers, 3D modelers, users, investors, game developers, and so on. Tech giants like Apple, Microsoft, Facebook, etc. are already in a race to own the Metaverse. In this massive race, it is interesting how Facebook changed its name to Meta to showcase its unwavering support for Metaverse. Of course, they wanted an upper hand among the tech giants as far as Metaverse is concerned.
This is very clear from its CEO, Mark Zuckerberg’s words:
“The next platform and medium will be a much more immersive and embodied internet where you’re in the experience, not just looking at it, and we call this the metaverse.”
Metaverse-the next big thing!
It may take a few years before Metaverse becomes full-fledged running. But it has already started its operations with virtual reality headsets, the online world, ultra-broadband speeds, etc. Meta has already invested $10 billion in Metaverse and it is expected that the Metaverse market would be $280 billion by 2025.
Metaverse and future
As technology is advancing at a greater speed, we also need to keep up with the pace. But how will this influence people? As far as we know, social media has become an addiction for people cutting them off from the reality of the world. In the metaverse, it is not reading or listening or watching; you can experience many things. As with any technology this has to be handled with care otherwise you can get too immersed in it.
Hope you got quick info about Metaverse and now be ready to embrace this new world!!!