The biggest ideas in tech often lurch into the lexicon before they are truly coherent.
Jargon appears out of nowhere, underexplained and overused: the internet of things, the sharing economy, the cloud.
In some rare cases, the terminology sticks. A lot of people talk about a lot of loosely related things, and then those things merge into a single semi-comprehensible thing.
Then we live our lives within that thing forever. Remember hearing about "the internet"?
Get ready for "the metaverse."
I want to bring in Cathy Hackl, VP of Avatar Dimension. Cathy is a globally recognized tech futurist with deep expertise in AR, VR and virtual worlds.
Metaverse. Crypto people say they're building it. Gamers might already be living in it. The art world is cashing in on it. Web veterans are trying to save it. What exactly is it?
Right now, it seems that big brands from a variety of industries are dipping their toes into the metaverse. Some of the pioneers of industries to be the first in building metaverses are gaming, crypto, fashion, and Hollywood. In addition, more apparel brands and celebrities are joining gaming metaverses.
How do these collaborations work?
What is this we're hearing about real-estate purchase? That we can use NFTs or non-fungible tokens to buy digital versions of real addresses with credit cards? How do these work?
So, how much does metaverse impact our daily lives and our economy?
So, as a buzzword, the metaverse refers to a variety of virtual experiences, environments and assets that gained momentum during the online-everything shift of the pandemic. Do you think the recent spike has been fueled by Covid?
Mark Zuckerberg shared his own Facebook-centric view of metaverse and referred to the company's experimental virtual reality environment which he hopes people will explore using Facebook's Oculus headsets. What sort of devices would we need to experience metaverse?
Are there any risks or downsides associated with the emergence of this new virtual realm?
What does the future of the internet look like with metaverse? What can we expect in the next year?
Cathy Hackl, VP of Avatar Dimension and futurist on metaverse and NFTs for us tonight.
Thank you, Cathy.