Summary of Explaining the Metaverse: Everything You Need to Know About Future of the Internet

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The metaverse is an online space where people can socialize, work, and play as avatars. It is a fuzzy concept that is difficult to define, but it is expected to be the next iteration of the internet. There are concerns about how it will be governed, but it is still unclear how it will come together as a single platform.

• 00:00:00 The metaverse is an idea that has been tossed around for decades, and is difficult to define. It is usually described as online spaces where people socialize work and play as avatars, digital representations of their identities. Unlike zoom chat, the spaces don't disappear when you're done. Though it's often name checked in the tech world, the metaverse is still a fuzzy idea for people outside the industry. In 2022, Mark Zuckerberg staked Facebook's future on the metaverse to prove he was serious. He renamed the company Meta and promised to spend billions of dollars to rebuild a metaverse platform. other companies are also working on their plans for the metaverse, which is expected to be the next iteration of the internet. The metaverse is difficult to define, but is often described as a virtual world where users can experience more realistic and immersive gaming experiences. There are concerns that user-generated content could be the building blocks of the metaverse, but it is still unclear how it will be governed.
• 00:05:00 The metaverse is a constellation of technologies and experiences that could create a platform for businesses to share and move things between pieces of the platform. While there is excitement about the potential of the metaverse, it is unclear whether it will come together as a single platform and how widespread it will be. Companies building the metaverse will need to see the digital divide is bridged in order to attract users from around the globe. Citizens have an obligation to hold these organizations and their lives accountable to the values they care about.