Immersive technologies of all varieties are enabling new computing environments that will affect the fabric of emerging commercial and societal landscapes. Crucial considerations will play a role.
Building on a similar discussion on the emerging metaverse at the iconic cultural event a year ago, this year’s SXSW saw a select group of experts discuss how immersive technologies could be a driver for future societies.
Challenges to create seamlessly working metaverse solutions exist not only on the technology side, but also on the business and partnership side. But the developing commercial landscape has not yet gelled. Small players, startups and even individuals have the opportunity to carve out profitable niches, perhaps even create the next big players.
Virtual and augmented reality are finding game-changing use in applications such as teaching and training, enabling professionals to experience unprecedented situations. But such cutting-edge applications run ahead of many regulatory issues – how can the metaverse avoid uncertainties that could slow the adoption of XR and related enabling technologies.