Excellent analysis many thanks. Not sure I understand the notion that competition and portability of assets will keep Facebook (and other Web 3.0 developers) in line. If you create sticky/superior services or DApps for users while making money off the underlying eyeballs/data that is very similar to what resulted in the controversies associated with Facebook and other tech giants in Web 2.0. Lowering switching costs doesn’t necessarily solve the issue or am I missing something?
Brilliant write up. Helps to visualize where one may be able to target to support this next phase of human - computer interaction. Metaverse has been around for sometime and will get better and better with exponential growth in users from the layman world. Everyt ime for the last several months I mention the word Metaverse to highly educated successful people I got blank stares - when I explained a little more while they seemed to understand they didn't give much consideration to where we are going. FB changing to Meta has changed that overnight - the hype and attention has now got all these people calling and asking me to repeat...more will follow.
The entire premise of the metaverse being something/anything rests entirely on the notion quoted below. This notion is absurd. This is never going to happen at meaningful scale. Many/most people are not going to do this for any significant amount of time. This entire, grandiose assumption is divorced from human behavior. Perhaps, in some far away time, when and if you can experience something akin to the Matrix or a Holodeck, will people start to immerse themselves in VR. But it's also possible we will never have the technological capability to do something like that.
****
"To understand why, it’s useful to think about the Metaverse as a virtual version of the real world, a place in which people work, play, shop, and socialize as avatar versions of themselves, or many, depending on the context. Just like we buy outfits for our physical bodies and just like gamers buy skins in Fortnite, everyone will buy outfits for their avatars. Just like people want to buy nice homes and decorate them to reflect their personal taste, we’ll buy and decorate virtual spaces. And on and on.
We will spend real time and real money in virtual worlds. Shaan Puri had a viral thread over the weekend that the Metaverse isn’t a place, but the time at which our digital life is worth more than our physical life to us. "
well-thought out...me thinks ZUCK is far more greedy for power/control/domination
Excellent analysis many thanks. Not sure I understand the notion that competition and portability of assets will keep Facebook (and other Web 3.0 developers) in line. If you create sticky/superior services or DApps for users while making money off the underlying eyeballs/data that is very similar to what resulted in the controversies associated with Facebook and other tech giants in Web 2.0. Lowering switching costs doesn’t necessarily solve the issue or am I missing something?
Brilliant write up. Helps to visualize where one may be able to target to support this next phase of human - computer interaction. Metaverse has been around for sometime and will get better and better with exponential growth in users from the layman world. Everyt ime for the last several months I mention the word Metaverse to highly educated successful people I got blank stares - when I explained a little more while they seemed to understand they didn't give much consideration to where we are going. FB changing to Meta has changed that overnight - the hype and attention has now got all these people calling and asking me to repeat...more will follow.
The entire premise of the metaverse being something/anything rests entirely on the notion quoted below. This notion is absurd. This is never going to happen at meaningful scale. Many/most people are not going to do this for any significant amount of time. This entire, grandiose assumption is divorced from human behavior. Perhaps, in some far away time, when and if you can experience something akin to the Matrix or a Holodeck, will people start to immerse themselves in VR. But it's also possible we will never have the technological capability to do something like that.
****
"To understand why, it’s useful to think about the Metaverse as a virtual version of the real world, a place in which people work, play, shop, and socialize as avatar versions of themselves, or many, depending on the context. Just like we buy outfits for our physical bodies and just like gamers buy skins in Fortnite, everyone will buy outfits for their avatars. Just like people want to buy nice homes and decorate them to reflect their personal taste, we’ll buy and decorate virtual spaces. And on and on.
We will spend real time and real money in virtual worlds. Shaan Puri had a viral thread over the weekend that the Metaverse isn’t a place, but the time at which our digital life is worth more than our physical life to us. "