Rise of the metaverse could put the entire internet into Facebook

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If tech giants end up implementing the metaverse, it could change how we interact with brands, services and each other in ways that would have been unimaginable just a few years ago, writes TimBiggs | ANALYSIS Facebook

to reflect that ambition, metaverse is making the jump from tech industry buzzword to a matter of mainstream concern. So, what is it?Credit:The term comes from science fiction author Neal Stephenson, who in 1992 imagined the Metaverse as an evolution of the internet, where virtual reality gave people the ability to explore interconnected digital sites as though they were worlds.

Microsoft, Google and Tencent have all used the term in the context of their future efforts, but Facebook looks to be going first and fastest. Foreshadowing the rumoured rebranding, founder Mark Zuckerberg said in August that he wants users to stop thinking of Facebook as a social media company, and start thinking of it as a metaverse company.

Zuckerberg’s empire includes Facebook and Instagram as platforms for the algorithmic dissemination of news, advertising and updates from influencers, friends and family. Then there’s Messenger and WhatsApp as private ways for people to communicate or do business. Meanwhile, Oculus is building virtual reality technology that is increasingly affordable, portable and tethered to the wider Facebook ecosystem and there’s also Portal for telepresence and pseudo-face-to-face conversation.

 

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TimBiggs Interaction with brands. Can't wait until 90% of my screen is a coke ad when I'm walking the wasteland in fallout

TimBiggs Garbage

TimBiggs It could change only for the immature and the foolish who rely on social media

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