Metaverse is this year's big tech "buzz word." Facebook's rebranding to Meta and its decision to invest $10B are just some of the reasons why we should take the metaverse seriously.
- Facebook's rebranding created a lot of interest in VR, with some people calling the metaverse the "future of the internet" and others describing it as a "dystopian nightmare."
- Meta CEO Mark Zuckerberg sees the metaverse as the “successor to the mobile internet,” and if this vision succeeds the technology will revolutionize the world, changing the framework of our daily lives and supplementing the physical with the digital world.
- Meta responded to privacy concerns saying that it does not plan to build the metaverse alone but seeks to establish partnerships with industries, governments, and regulators to ensure compliance from the start.