Metaverse
- Dr.K.ThirugnanaSambanthan, Asst.Professor, Department of MBA, Sankara College of Science and Commerce.
With the growth of technology, the universe is in our hands, you can interact with anyone from anywhere at any time. Individuals can connect with anyone using social media. The next development related to this type of technology is Metaverse. The term Metaverse was coined by writer Neal Stephenson for his science fiction novel “Snow Crash” in 1992. Stephen Spielberge created a movie named “Ready Player One” in the year 2018. Online games like Fortnite and Roblox uses Metaverse concept. Metaverse refers to shared virtual world environments which individuals can access using the internet. Metaverse is a combination of the words Meta and Universe. It refers to digital space which uses virtual reality (VR) or augmented reality (AR), 3D Technology, online gaming, social media and cryptocurrency to create a lifelike model or virtual living environment. Currently many virtual worlds are existing online but users cannot currently move between them while retaining their identities and assets. The ultimate metaverse could solve this problem, turning incongruent online worlds into a single, unified entity. It has even been dubbed as a next evolution of the internet. Facebook has invested $10 billion to build Metaverse computing platform. Facebook cofounder Mark Zuckerberg has said “Metaverse is a major area of investment for us and an important part of our strategy going forward. Our goal is to help the metaverse reach a billion people and hundreds of billions of dollars of digital commence this decade,”
The major drawback of this technology is it will reduce human to human real time interaction.
SANKARA BLOG 