Will the metaverse be the new internet?

ImranQ

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25 Maj 2019
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Some researchers, business specialists, and forecasters believe the metaverse – the virtual reality platform accessed by devices like Meta’s Oculus Quest 2 – will reach the same popularity and generate the same revenue as the internet. Bloomberg ran an
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at the end of 2021 claiming the metaverse is the next tech platform and that it would generate $800 billion over the next two years in social media ads, hardware, software, and live entertainment opportunities. In his
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, Meta CEO Mark Zuckerberg wrote, “In the metaverse, you’ll be able to do almost anything you can imagine – get together with friends and family, work, learn, play, shop, create – as well as completely new experiences that don’t really fit how we think about computers or phones today.”

The price of devices to access the metaverse and the bulky wearable tech, however, are two factors that have so far kept the platform from going wide. Avast Security Evangelist Luis Corrons believes the next two years may be a little soon for wide adoption. “I think technology still needs to evolve,” he commented. “It needs to get more advanced and more affordable. So far what we have seen is more like
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revisited, and that won’t gain much traction.” For more on the metaverse, see
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.

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