How we define the metaverse today impacts how we use it in the future

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How we define the metaverse today impacts how we use it in the future

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Quick, define the word "metaverse.” Coined in 1992 by science fiction author Neal Stephenson, the relatively obscure term exploded in popularity during the COVID-19 pandemic, particularly after Facebook rebranded as Meta in October 2021.

There are now myriad articles on the metaverse, and thousands of companies have invested in its development.Citigroup Inc.has estimated that by 2030 the metaverse could be a US$13 trillion market, with 5 billion users.

From climate change to global connection and disability access to pandemic response, the metaverse has incredible potential.

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Author / Journalist: The Conversation

Category: Technology

Topics: Insights Neural

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-04, 15:17:48

News Timezone: GMT +1:00

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Language: English

Reading Time: 7 minutes read

Article Length: 1116 words

Coverage Area: Netherlands

Availability: Desktop Web, Mobile Web

News ID: 29220

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Coverage Areas: Netherlands

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