12 Feb WHAT IS THE METAVERSE? – VIRTUAL WORLDS GUIDE
The metaverse points to a variety of immersive, shared virtual 3D worlds where users can interact through digital avatars or digital twins. Enabled by persistent virtual reality platforms and augmented reality hardware, the interconnected metaverse environments represent the next generation of the internet blending aspects of social media, online games, and productivity software.
An overarching vision encompasses creating expansive, interoperable networks of endless virtual spaces focused on human co-experience at scale. Using future extended reality devices like VR/AR glasses and haptic gloves, metaverse participants can engage in activities ranging from collaborative work meetings to realistic simulations of foreign travel or even alien worlds as customizable avatars.
Digital infrastructure projects laying the metaverse foundations integrate distributed blockchain ledgers handling in-world transactions through smart contracts, web3 principles permitting user ownership of data/assets, and layers of interoperability allowing avatar portability and köis between virtual worlds. Companies like Meta (Facebook) and Microsoft currently fund bleeding edge R&D driving key advances.
While still largely conceptual, early metaverse environments demonstrate the big picture vision on a limited scale. For instance, gaming worlds like Fortnite and Roblox host millions of player-driven social experiences through avatar interactions while companies build simulated workspaces in VR for remote team meetings. Global platforms will connect these worlds over time.
Proponents tout the metaverse’s potential to enhance human creativity, empathy and productivity by upgrading communications into multidimensional mixed reality so any skill can be accessed from anywhere without physical world limitations. From collaborative engineering to experiential e-commerce to emerging digital geographies hosting decentralized autonomous organizations, implications span most sectors.
Like most monumental technological shifts though, undercurrents around data exploitation, disciplinary controls, and widening social inequality also jeopardize downsides if governance and access concentrate into corporate monopolies. Getting the open, decentralized metaverse infrastructure right remains imperative to driving empowerment over dystopia. Either way, the next digital revolution is brewing.