Future Timeline

Yuli Ban wrote: ↑Sun Jun 13, 2021 10:00 pm And so I just discovered that the Metaverse may actually be coming together after all, which means that I absolutely MUST create a news and discussions thread for it.

Metaverse

The Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet. The word "metaverse" is made up of the prefix "meta" (meaning beyond) and the stem "verse" (a backformation from "universe"); the term is typically used to describe the concept of a future iteration of the internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe

Meta chief Mark Zuckerberg sees the future of the internet as people working, playing and exploring in life-like virtual worlds using ever slimmer and more powerful headsets.

Meta on Friday said that it is adding the ability to easily socialize in virtual reality with an update to its Quest 2 headsets in another step toward the metaverse.

The tweak heading for the latest model Quest from Meta-owned Oculus will let wearers hop into virtual settings with friends, chief Mark Zuckerberg said in a post on his Facebook page.

"I'm here to announce the ability to, as soon as you put on your Quest 2 headset, to have people hang out with you in a social environment," Zuckerberg said in a video.

The software update will open a door to Horizon World virtual reality platform that Facebook-parent Meta opened to the public in North America at the end of last year.

Meta is also working on letting people create their own virtual worlds where they host gatherings of avatars, Zuckerberg said.

In a recent interview with Jim Cramer of Mad Money fame, Meta CEO Mark Zuckerberg opined on various metaverse-related topics. As we all know, the metaverse is seen by the company as the next big thing in computing. So big, in fact, that it changed its name from Facebook to reflect its pivot towards virtual worlds. In the discussion Zuckerberg addressed how he envisions many aspects of the technology’s future.

In the interview, Zuck revealed Meta’s lofty ambitions. He said he hopes there will be at least a billion people in the metaverse by the end of the decade. In addition, he thinks each of those people will be spending hundreds of dollars a year on digital bobbles. He estimated people will be “buying digital goods, digital content, different things to express themselves,” he said. These digital goods could also include avatar clothes, virtual home decorations, or items to adorn a virtual conference room. Doing the math, this means Mark thinks his company will be pulling in hundreds of billions of dollars in metaverse revenue eventually. That’s several factors beyond its current annual revenue, which is around $117 billion. Still, 2030 is a long ways away, so anything is possible.