In KPMG’s newly released metaverse investor perspectives survey, over 90% of investors surveyed indicated the metaverse will be the next phase of the internet, with 75% of those surveyed also revealing plans to maintain or increase their long-term metaverse investments.
While one may view the metaverse as it exists today through the lens of a teenager playing video games, the metaverse that investors have their long-term sights set on will go well beyond gaming, with use cases and applications that will span across various demographics. To make that vision a reality, investors are focused on several factors.
Workplace adoption
The workplace prior to the COVID-19 pandemic versus now has already changed drastically. With remote and hybrid work now commonplace, employers have shifted their attention toward reducing isolation and creating connection among their employees. Investors see an opportunity for metaverse platforms to provide real solutions to this, with nearly half (47%) citing its potential to enhance the way employees interact as its biggest business opportunity. Broad workplace adoption hinges on the same factors the metaverse becoming the next phase of the internet hinges on – two of them being interoperability and DEI.
Dear Dr. García!
You raised a very important point to discuss. May I kindly argue that the metaverse is much more than the Internet:
Definition A) IDC EMEA Telecommunications Insights (2023): a type of emerging virtual world that integrates mobile devices, augmented and virtual reality headsets, various Internet of Things devices, and next-generation networks to activate a persistent and continuous user experience with a strong sense of presence.
Definition B) Meta considers metaverse as the next evolution in social connection where the platform provides digital spaces that users can move seamlessly between and where they will be able to connect, work, play, learn, and shop.
Definition C) Orange articulates the metaverse as a real-time, digital, and persistent space that is also immersive in many aspects.
Definition D) Nokia sees the metaverse as a physical-digital fusion, or, in other words, a digital representation of physical reality.
Reference: IDC EMEA - webinar - section: Metaverse use cases in action, February 2023.
Based on the above definitions I argue that the Internet (Web 3.0) will evolve into a critical component of the metaverse. Accenture has set up a new research team "Metaverse Continuum Business Group"
Yours sincerely, Bulcsu Szekely
Dear Dr Szekely.
Thank you very much for your contributions to the line of discussion, they are very prominent.
Yours sincerely, Juan Luis.
I personally believe that metaverse will eventually transform the internet as we know it not only on a technical basis (web3.0) but, mainly and most importantly, it will change the way people search. Immersing in the metaverse, through an avatar, either for entertainment purposes or socialising or work or online shopping will gradually become the norm, replacing the process of visiting a website, as we know it from the current (web2.0) era. I think this novel way of interacting with the world will characterise the new phase of the internet. We won't be search for a piece of information, we will be participating and experiencing every piece of information. Needless to say that we're still far from that point, as the technology today cannot fully support an integrated, fully formatted metaverse. Of course, I agree with Bulcsu Szekely 's point of view that we're talking about something bigger than the internet.
Dear Dr Juan Luis Cabanillas García, predictive reports can be sometimes skewed by participants' interests. In the context of education, I argue that the Metaverse could facilitate the transformation of teaching [1] towards experiential immersive learning [2], which has always been the most effective way to learn, by merging content with context. Learning experiences that are active, constructive, intentional, authentic and include cooperative elements can have higher chances to faciliate deep mearningful knowledge that lasts [3]. And as Stelios A.K. Ioannidis points out, avatars can be essential features in these social, multiuser platforms [1,2].
[1] Mystakidis, S. (2022). Metaverse. Encyclopedia, 2(1), 486–497. https://doi.org/10.3390/encyclopedia2010031
Article Metaverse
[2] Mystakidis, S., & Lympouridis, V. (2023). Immersive Learning. Encyclopedia, 3(2), 396–405. https://doi.org/10.3390/encyclopedia3020026
Article Immersive Learning
[3] Mystakidis, S., Berki, E., & Valtanen, J.-P. (2021). Deep and Meaningful E-Learning with Social Virtual Reality Environments in Higher Education: A Systematic Literature Review. Applied Sciences, 11(5), 2412. https://doi.org/10.3390/app11052412
Article Deep and Meaningful E-Learning with Social Virtual Reality E...
Thank you very much for your comment Stylianos. It is very interesting
Yes, many believe the metaverse represents the next evolutionary step for the internet, offering immersive, interconnected virtual experiences beyond what's possible today.
- Badges
- Science topic
- Similar topics
- Phytochemistry
- Extracts