The Metaverse Is on the Way: Here’s What You Need to Know

The Metaverse Is on the Way: Here’s What You Need to Know

The Metaverse Is on the Way: Here’s What You Need to Know

By Andrew Morse and Scott Stein

Facebook, Microsoft and a host of other companies are jockeying to define the next iteration of the internet.

You’ve probably heard the hype: the metaverse is going to change the way you live.

A vision for the next step in the internet’s evolution, the metaverse refers to digital worlds in which people will gather to work, play and hang out. Some of those online spaces will be immersive 3D experiences and require fancy goggles to enjoy. Others will play out on a computer screen. The term’s been in flux, and might still keep evolving and renaming itself.

Tech hype cycles come and go. The metaverse could fizzle before it’s even realized. As of yet, however, interest continues to grow. Across gaming, NFTs and shopping, it’s become a repeated buzzword.

Microsoft’s planned acquisition of ActivisionBlizzard for $69 billion, was explained as part of an expansion into metaverse. Last year, Facebook rebranded itself as Meta, a nod to the social network’s ambition to be a prime mover in the new world. Rec Room and world-building games, like Roblox and Minecraft, all get rolled into discussions of what the metaverse is or will be.

The term metaverse has circulated for decades. Virtual reality, augmented reality and 3D computing – the technological concepts behind it — are older still. The current boom in interest is just the most recent peak in a years-long push to make these advances useful to everybody.


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By | May 25, 2022