EXPLAINER: What the metaverse is and how it will work

Essentially, it’s a world of endless, interconnected virtual communities where people can meet, work and play using virtual reality headsets.

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Italy ,United Kingdom ,London ,City Of ,Italian ,Neal Stephenson ,Steve Jang ,Tuong Nguyen ,Frances Haugen ,Mark Zuckerberg ,Instagram ,Epic Games ,Facebook ,Gartner ,Gucci ,Microsoft ,Victoria Petrock ,Horizon Workrooms ,Kindred Ventures ,Ap News ,Biden Administration ,Explainer What The Metaverse Is And How It Will Work ,Facebook Metaverse ,Krhd 25 News ,Kxxv 25 News ,The Term Metaverse Seems To Be Everywhere Facebook Is Hiring Thousands Of Engineers In Europe Work On It ,Hile Video Game Companies Are Outlining Their Long Term Visions For What Some Consider The Next Big Thing Online Metaverse ,Hich Could Spring Up Again When Facebook Releases Earnings Monday ,S The Latest Buzzword To Capture Tech Industrys Imagination It Could Be Future ,R It Could Be The Latest Grandiose Vision By Facebook Ceo Mark Zuckerberg That Doesnt Turn Out As Expected Or Isnt Widely Adopted For Years If At All Plus ,Any Have Concerns Abouta New Online World Tied Toa Social Media Giant That Could Get Access To Even More Personal Data And Is Accused Of Failing Stop Harmful Content Heres What This All About The Metaverse Think It As Internet Brought Life ,R At Least Rendered In 3d Zuckerberg Has Described It Asa Virtual Environment You Can Go Inside Of Instead Just Looking Ona Screen Essentially ,T Sa World Of Endless ,Nterconnected Virtual Communities Where People Can Meet ,Work And Play ,Sing Virtual Reality Headsets ,Augmented Reality Glasses ,Martphone Apps Or Other Devices It Also Will Incorporate Aspects Of Online Life Such As Shopping And Social Media ,Ccording To Victoria Petrock ,N Analyst Who Follows Emerging Technologies Its The Next Evolution Of Connectivity Where All Those Things Start To Come Together Ina Seamless ,Oppelganger Universe ,O You Re Living Your Virtual Life The Same Way Physical ,He Said But Keep In Mind That Its Hard To Definea Label Something Hasnt Been Created ,Aid Tuong Nguyen ,N Analyst Who Tracks Immersive Technologies For Research Firm Gartner Facebook Warned It Would Take 10 To 15 Years Develop Responsible Products The Metaverse ,A Term Coined By Writer Neal Stephenson For His 1992 Science Fiction Novel Snow Crash What Willi Be Able To Do In The Metaverse Things Like Go Toa Virtual Concert ,Akea Trip Online ,Nd Buy And Try On Digital Clothing The Metaverse Also Could Bea Game Changer For Work From Home Shift Amid Coronavirus Pandemic Instead Of Seeing Co Workers Ona Video Call Grid ,Mployees Could See Them Virtually Facebook Has Launched Meeting Software For Companies ,Called Horizon Workrooms ,O Use With Its Oculus Vr Headsets ,Hough Early Reviews Have Not Been Great The Headsets Cost 300 Or More ,Utting The Metaverses Most Cutting Edge Experiences Out Of Reach For Many Those Who Can Afford It ,Sers Would Be Able ,Hrough Their Avatars ,O Flit Between Virtual Worlds Created By Different Companiesa Lot Of The Metaverse Experience Is Going To Be Around Being Able Teleport From One Another ,Uckerberg Says Tech Companies Still Have To Figure Out How Connect Their Online Platforms Each Other Making It Work Will Require Competing Technology Agree Ona Set Of Standards ,O There Arent People In The Facebook Metaverse And Other Microsoft ,Etrock Said Is Facebook Going All In On The Metaverse Indeed ,Uckerberg Is Going Big On What He Sees As The Next Generation Of Internet Because Thinks Its To Bea Part Digital Economy Expects People Start Seeing Facebook Asa Metaverse Company In Coming Years Rather Thana Social Media Companya Report By Tech News Site Verge Said Zuckerberg Looking At Using Facebooks Annual Virtual Reality Conference This Week Announcea Corporate Name Change ,Utting Legacy Apps Like Facebook And Instagram Undera Metaverse Focused Parent Company Hasnt Commented On The Report Critics Wonder If Potential Pivot Could Be An Effort To Distract From Companys Crises ,Ncluding Antitrust Crackdowns ,Estimony By Whistleblowing Former Employees And Concerns About Its Handling Of Misinformation Employee Frances Haugen ,Ho Accused Facebooks Platforms Of Harming Children And Inciting Political Violence ,Lans To Testify Monday Beforea United Kingdom Parliamentary Committee Looking Pass Online Safety Legislation Is The Metaverse Justa Facebook Project No Zuckerberg Has Acknowledged That One Company Will Build By Itself Just Because Makinga Big Deal About Doesnt Mean It Or Another Tech Giant Dominate Space ,Guyen Said There Are Alsoa Lot Of Startups That Could Be Potential Competitors ,E Said There Are New Technologies And Trends Applications That We Ve Yet To Discover Video Game Companies Also Takinga Leading Role Epic Games ,He Company Behind The Popular Fortnite Video Game ,As Raised 1 Billion From Investors To Help With Its Long Term Plans For Building The Metaverse Game Platform Roblox Is Another Big Player ,Utlining Its Vision Of The Metaverse Asa Place Where People Can Come Together Within Millions 3d Experiences To Learn ,Work ,Play ,Reate And Socialize Consumer Brands Are Getting In On It ,Oo Italian Fashion House Gucci Collaborated In June With Roblox To Sella Collection Of Digital Only Accessories Coca Cola And Clinique Have Sold Tokens Pitched Asa Stepping Stone The Metaverse Zuckerbergs Embrace Some Ways Contradictsa Central Tenet Its Biggest Enthusiasts They Envision As Online Cultures Liberation From Tech Platforms Like Facebook That Assumed Ownership Peoples Accounts ,Photos ,Osts And Playlists Traded Off What They Gleaned From That Data We Want To Be Able Move Around The Internet With Ease ,Ut We Also Want To Be Able Move Around The Internet Ina Way Re Not Tracked And Monitored ,Aid Venture Capitalist Steve Jang ,A Managing Partner At Kindred Ventures Who Focuses On Cryptocurrency Technology Will This Be Another Way To Get More Of My Data It Seems Clear That Facebook Wants Carry Its Business Model ,Hich Is Based On Using Personal Data To Sell Targeted Advertising ,Nto The Metaverse Ads Are Going To Continue Being An Important Part Of Strategy Across Social Media Parts What We Do ,Nd It Will Probably Bea Meaningful Part Of The Metaverse ,Zoo ,Uckerberg Said In The Companys Most Recent Earnings Call That Raises Fresh Privacy Concerns ,Nguyen Said ,Nvolving All The Issues That We Have Today ,Nd Then Some We Ve Yet To Discover Because Re Still Figuring Out What The Metaverse Will Do Petrock She Said Shes Concerned About Facebook Trying Lead Way Intoa Virtual World That Could Require Even More Personal Data And Offer Greater Potential For Abuse Misinformation When It Hasnt Fixed Those Problems In Its Current Platformsi Dont Think They Fully Thought Through All Pitfalls ,He Saidi Worry They Re Not Necessarily Thinking Through All The Privacy Implications Of Metaverse ,