Meta has shared a realistic perspective on opening new opportunities for people with the Metaverse shift. In a new whitepaper from Analysis Group, in partnership with Meta, the Metaverse is defined as “a set of interconnected digital spaces, including immersive XR experiences that combine the digital and physical worlds, in which individuals can easily move between different spaces and experiences as well as interact and collaborate with other people who are not in the same physical space.”
Meta also chose to clarify that the Metaverse may never come
to fruition the exact way it is being envisioned, however, it will materialize
slowly and will need mass adoption, which would help it take a proper shape as
a platform.
Moreover, the creation of the Metaverse will require new rules and frameworks in collaboration with different people and companies over time, including institutions like the US-based National Institute of Standards and Technology or international multi-stakeholder organizations like the Internet Engineering Task Force or the World Wide Web Consortium.
The Metaverse is envisioned to come together as a set of technologies,
platforms, and products, including the amalgamation of existing technologies, like
AR/VR, videoconferencing, multi-player gaming, and digital currency.
The whitepaper further notes that in the Metaverse, each
person will be able to own their own digital personhood along with all of their
ideas and digital belongings wherever they go.
While the entire planning sounds pretty appealing, to materialize
these ideas into reality requires regulators to establish new rules and systems.
Therefore, it would be safe to say that the Metaverse is still a long way to go,
and people should take their time assessing the Metaverse strategies that
arise, before investing in any of them.
