The Metaverse: 7 Companies That Are Making It A Reality

[@FutureBusinessTech]

Although a few tech companies are working on their own version of the "Metaverse" right now, I just want to make it clear that I'm not advocating for things like monitoring, control, people spending their entire lives in the Metaverse, etc. This is just a video about the biggest tech companies that are making the Metaverse a reality. Feel free to watch this next video about the 7 technologies of the Metaverse: bit.ly/3EA24r3

[@nathansolomon2831]

He missed all the crypto projects building metaverses. Sandbox, Decentraland, Crypyovoxels, Somnium. In a way these have an advantage as they already have the economies figured out.

[@SkystruckOnline]

And Lukso :)

[@sirlew3132]

Metahero

[@nd7066]

What are the symbols for these?. I know mana for decentraland.

[@mi12no]

He missed them on purpose because he’s only focusing on major companies. He also doesn’t want to waste time on things that possibly won’t gain him sponsorships.

[@prark9959]

EXACTLY

[@CRASS2047]

Imagine you’re in the metaverse, playing a game. You see a Starbucks in there, you order a coffee using crypto in game, and the coffee shows up at your door in 10 minutes

[@mikedeharo]

Damn. You're right. That's a great intuitive thought.

[@alex772350]

🤡

[@CRASS2047]

@@mikedeharo There are so many ways to make money in a metaverse. It’s just mind boggling

[@theparadigmshift74]

So everyone just turns into a potato?

[@CRASS2047]

@@theparadigmshift74 I’m guessing an entire industry will be born just to deal with the health effects of spending too much time in there. Peoples lives will be so much better inside, than out. People will stop eating, bathing, etc.. I’d even bet you could start a business selling the pee bladders that fighter pilots use to pee during flight. It’s a bag strapped to your leg with a tube attached to your junk. I also imagine people who are bed ridden or seniors near the end of life could actually enjoy life while inside. It’s going to be massive for humans, good and bad

[@Q5000]

My only concern, and I love VR btw, is that if people have highly immersive VR worlds to escape to, they may be more complacent about the destruction of the real environment.

[@FromThe3021]

The act of people embracing the Metaverse alone is detrimental complacency to the real environment. In short, the success of the MV is the end of the Earth. Even with extreme energy efficient technology factored in, the end of child birth & a decrease in the world’s population, there’s no way to calculate a scenario in which the Earths resources would be able to maintain the required supply. Look into it. *‘Prof. Sam Vaknin’s Metaverse’* video on KZbin would be a great start.

[@puglix6244]

You forgot to mention Metahero and Wolf Digital World, without them doesn't exist metaverse

[@iexist6021]

Literally making the Matrix

[@FutureBusinessTech]

It definitely seems like a full-blown simulation like the Matrix is a next, logical step after virtual reality and the Metaverse.

[@sisinindupriyajanaka1339]

True

[@stavrosboi]

It's more like ready player one

[@stevobarnes3365]

Just take a bunch of mushrooms and get to building your virtual world on the metaverse!

[@imu6085]

no programming skills needed :))

[@circleinforthecube5170]

at one point we can literally just convert our thoughts into maps

[@trueblueclue]

I'm not sure why the idea of the metaverse creeps me out. It seems like technology going the wrong way.

[@Sle267]

Wish I can like your comment twice!

[@Sle267]

I don’t give a fuck what companies are behind it! Fuck suckerburg too, I deleted FB & The Gram a long time ago.

[@natecodesai]

Are there any open-source initiatives to create a metaverse? Seems like if we've learned anything in the last 10 years it's that we can't trust these companies with privacy issues. The metaverse is being built on blockchain by companies like Enjin as well. Solana and other blockchains also have the beginnings of a metaverse as far as marketplaces go. It's definitely a long road with many possible potholes.

[@FutureBusinessTech]

Thanks for the reply, Nathaniel. Decentraland, Sandbox, and Vircadia are open-source to some extent. However, it would be a long and tough road ahead for a small company with a barebones staff and budget to build a decentralized metaverse that can appeal to the mainstream public. It would seem that much larger companies like Epic Games would need adequate financial incentives to accelerate efforts in this area. Perhaps, Unreal Engine, Metahumans, and upcoming products will have features added over time so that a casual person could reasonably have an enjoyable and beneficial experience in a more utilizable version of a metaverse than some available offerings today. Microsoft is also embracing the use of open source technology in general, so perhaps that company will see a reason to get more involved at a later time.

[@dying_allthetime]

@@FutureBusinessTech small company? All of these decentralized initiatives are worth tens of billions of dollars already. That's not exactly bare bones lol

[@noahcamacho5227]

@@dying_allthetime He is saying that small companies will use their technology to create something, not the initiatives themselves.

[@TickerSymbolYOU]

Definitely keep making these! Killing it!

[@FutureBusinessTech]

Thank you so much, Ticker Symbol: YOU. Your channel is exceptionally well-produced as well. I'll definitely check out some videos.

[@TheMrSlyxx]

So are you, bro!

[@joellalonde8839]

Alphabet, Microsoft, Adobe, Amazon, Facebook, Nvidia, Apple, Disney and Unity stock will all benefit from the Metaverse. These stocks are the future.

[@FutureBusinessTech]

That's a terrific point, Joel. When the Metaverse starts gaining more traction, it could become a source of tremendous wealth creation for the companies and people that position themselves to reap the benefits.

[@Lam0rak]

They'll be some new companies as well.

[@prark9959]

AMD over all

[@ijeomakingsley507]

Metaverse will be a breakthrough in education Learning physically

[@senju2024]

I do hope Star Citizen can create a gateway to allow links to META within their game. They plan to do this with Discord so they have the tools to do this I think.

[@saikatbanik9359]

Sony owns some portion of Epic games. Also it invested in Epic's plan for metaverse. I think Sony should combine PS home+ PS VR+ Epic Metaverse+ Discord( Sony owns some portion of it)

[@DoraKorz]

“Decentralized and supported by many companies “- Facebook is everything but decentralized imho.

[@Oracle_Speaks]

Exactly, hopefully, the real metaverse will put Facebook out of business!

[@Zoza15]

If all tech companies contribute to make metaverse a reality then its a win win for everyone. No monopolies or control.

[@FutureBusinessTech]

That's a great perspective, Nova Verse. If each major tech company gets a first-mover advantage in one or two components of the metaverse, there's a lower likelihood of one company controlling it all. I also want to see up-and-coming companies specialized in specific niches within established markets so that we can have more choices. For example, Varjo specializes in extremely high-end virtual reality devices that can generate images that look relatively realistic.

[@smileysmultimedia]

If the idea of metaverse caught on big and gained much more traction than it has where even polototicians and government got involved, then it would be foolish to presume that nefarious characters and/or companies wouldnt attempt to centralize it for their profit and/or political gain. No different than our real world polotics evil and corrupt people will still seek a way to take advantage if they can. Only the courage and push back of courageous, good and honest people can prevent such a thing from happening.

[@City-Hunter]

Basically the creation of new markets via the digitalization of the physical world. Between Ghost in the Shell, Shadowrun's Shadownet, and Cyberpunk's net architecture. For what transhuman goal??? Digital Transfers of humans? Virtual immortality?

[@FutureBusinessTech]

It seems that the simple answer is that the exponential improvement of technology is working symbiotically with humans' base desire to improve the quality of their lives. However, is civilization ready for certain types of technologies like you mentioned if and when they arrive? Also, Science Fiction is certainly a bigger, subconscious influence on our technological direction than many people realize. I'll definitely cover topics like this at great detail in the near future.

[@City-Hunter]

@@FutureBusinessTech I don't think it's just about "is civilization ready" but more like an intrinsic philosophical question related to Control and the Illusion of Happiness with virtual worlds...

[@MMM-cf4md]

This is extremely clever ... now the whole world is inside out ... what's left on privacy, can of beans ?

[@RicardoRamalhorr]

What about Decentraland and The Sandbox? Why did you skip those? They are already happening.

[@FutureBusinessTech]

I focused on companies that were most likely to catapult the metaverse into a $1 trillion+ industry, fulfill needs for a mainstream market with a wide range of interests and demographics, and have the enormous capital to achieve those things. However, there will be much to learn from Decentraland and Sandbox's ecosystems and business models for future iterations.

[@mrleebaines8611]

Because he is probably paid by big companies like Google, Facebook etc

[@tangible959]

Roblox is not a part of Epic Games. Roblox has it's own company called Roblox corporation.

[@brandongovreau9218]

Next mind can really help the metaverse it is a device you wear on the back of your head where you can use your mind to control a virtual world it's real it's in beta I've seen KZbinrs use it

[@robertusky]

Bloktopia is becoming an extraordinarily strong and serious contender to become the future of a decentralized metaverse It already has a market cap of over six hundred billion.

[@OnurTheXbot]

We’re already addicted to our Phones and Computers, imagine how addicted we will be to the Metaverse, it will literally be a problem. Also Roblox isn’t owned by Epic Games, don’t where you guys got that sick idea.

[@blackthovenproductions4561]

Do you think that this is a good time to invest in VR?

[@RedmotionGames]

I think that, until the glasses/headsets are decent, foolproof, and cost less than $100, mass adoption will be a long time coming.

[@FutureBusinessTech]

According to Vox and market research firm GfK, the global average smartphone price for smartphones is $363. It seems that people are willing to pay a premium if a technology integrates well with their lives and serves multiple purposes. Some Sources: www.vox.com/2018/1/23/16923832/global-smartphone-prices-grew-faster-iphone-quarter www.statista.com/statistics/619830/smartphone-average-price-in-the-us/

[@RedmotionGames]

@@FutureBusinessTech I agree, once it can replace phones then it will take off pretty quickly. I don't know how popular the intrusion of the virtual on the real will be with older generations. The young will love it of course! PS: I think Unity3d deserved a mention in this video. :)

[@DerKonservativeMann]

this is so great. Now Microsoft has also confirmed and showed, what its developing for the *metaverse* the future will be astonishing. imagine gaming in vr, or ar on your street : )

[@FutureBusinessTech]

That's awesome. I'm sure more big tech companies are going to join in on this over the next year or two. They'll probably adapt their existing products and services to the "metaverse" so that they don't stray too far from their existing competitive advantages.

[@michaelortiz9534]

There's actually an NFT game that addresses most of what you've talked about. I really like their approach.

[@FutureBusinessTech]

I saw in an earlier version of your replay that you were referring to the "Strange Clan" game. It definitely looks interesting. Thanks for replying.

[@andrescortez7268]

What is the name of the NFT game you are talking about?

[@winacruz9533]

what is it?

[@ijeomakingsley507]

Metaverse will be a breakthrough in education Learning physically

[@luisparedes7828]

Maam mulan... Saan pwd maka bili ng token. Nyan?? Sa trustwallet po ba?? At ano name ng token. Nya?? Salamat po sa sagot

[@markwawrzyniak109]

MetaHero (Hero) Man! Absoluttelly game changer!

[@sky-eo8tz]

that s crazy that we are trying to enter another Matrix while in it

[@futuroptimist]

What I’m really hoping is that all the learnings from these large companies and their implementations of the metaverse translates into open standards that enable interoperability. Centralized platforms, as John Carmack said in his 2021 keynote, are a necessary evil because those platforms will have a disproportionate level of access to resources and developer bandwidth. But just like the web in general, I sincerely hope we’ll find ways to continue decentralizing the metaverse :)

[@shaheedharun445]

I sincerely hope we’ll find ways to disconnect from the Metaverse

[@fahed3596]

hii! love the video! but i just wanted to ask how do you walk around the meta verse without hitting stuff in your house? will there be a tredmill that you need in this reality?

[@FutureBusinessTech]

Most people would never not use treadmills due to cost and space concerns. Typically, users tilt hand controllers in the direction where they want to move.

[@cloud8.5]

People using their lags to walk around and not something else would probably have something like the Kat Walk C, which is available right now for a hefty price. Not a treadmill, but functions in the same way.

[@ericliebert7204]

Well done video. Thanks!

[@FutureBusinessTech]

I'm glad you enjoyed it, Snow Crash! Feel free to let me know if there are additional topics you'd love me to cover.

[@therocknrollguitarlounge7057]

This is so bad for humanity. Lots of people don't realize this.

[@_aka_pizzaking]

Exactly. If this stuff becomes big, we are doomed.

[@sifisoreggy]

Wishing u well brother 🙌🏽

[@FutureBusinessTech]

Thanks, Reginald-same to you. I always appreciate a kind comment.

[@charlespark5227]

MMAT my favorite stock. There’s no meta verse without them💁

[@Pavillionairez]

Not true...Microvision is the miracle engine inside the Hololens 2

[@haha_8]

METAHERO is ahead of the game!!! 🔥🔥🔥

[@yv8190]

Now much Personal information is going to need😳

[@iamtheseuss6864]

This is the matrix coming to reality

[@FutureBusinessTech]

Our society does tend to move toward the direction of certain science fiction concepts.

[@realmartist6670]

Roblox is not owned by epic games

[@averagegolferlt6970]

Roblox is developed by Roblox Corporation

[@DJ_Seleen]

From what I have seen of it so far the Rendering the the Avatars is primitive to say the least Avatars like what I have seen are at least ten years old if not more, The Second Life Metaverse far and away far more advanced than what the Owner of Facebook is so far offering, the Avatar rendering is way far more advanced in Second Life, way more realistic, then what I have seen offered so far from Mark Zuckerberg, Mark you want to capture this Market then you going to have to make a giant leap in Tech and what your offering so far in rendering

[@kenswireart88]

hey bro can u do a video on the metaverse in the next 10 years

[@goldwingerppg5953]

Why no mention of Palantir? They are democratizing big data used in AI and machine learning with its operating systems Gotham for government and Foundry for commercial with hundreds of built in programs. They have partnerships with AWS, Microsoft, IBM and others because their SaaS has the ability to take siloed and disparate programs and put into a dashboard to make real time actionable actions and decisions that used to take weeks or months take minutes.

[@soloman747]

What do any of those things have to do with the metaverse?

[@duffduck]

Obviously MMAT is the better choice of investment, since they are working with dozens of universities, Airbus, Lockheed Martin, Facebook reality labs, Samsung, Covestro, North inc, Interglass, Midea group, SageGeo systems, and TESLA!

[@williammcelleney1712]

Perfect example of a CEO that was initially just lucky...

[@BumKnuckle]

I can't believe you totally left out Varjo. They had the jump on pretty much every other company you mentioned, and they have development programs with the likes of NASA and Hyundai, just to name a couple.

[@botekate]

In order for this to truly be the successor to the internet, almost everyone in the world will have to be using it. I just don't see how everyone is going to have the capability to take part in the Metaverse. Everyone will need an expensive VR headset, an extremely expensive computer, and a really good internet connection to have all of this run smoothly. There's already a shortage of chips for graphics cards. Imagine the shortage once everyone needs to be running high GPU VR programs to take part in the new internet. Nah. This is at minimum a decade away.

[@FutureBusinessTech]

Yes, 10 to 15 years from now (for presumed mainstream use) matches up with the projected evolution of related technologies and the timeline expectations communicated by Meta, which is creating its own version.

[@regulardude2981]

Theta patented technology will change the world of virtual reality, 4K, 8k, real world cdn problems, it has smart contracts and NFT marketplace. Theta is going for global adoption and I won’t be surprised if Facebook integrates theta technology. Don’t sleep on this giant invest in theta while it’s still cheap.

[@komo8361]

What is theta

[@CaptainJeoy]

You didn't even mention Unity Technologies. Unity is literally used to build a larger percentage of VR apps today.

[@shrubstyling1815]

Metahero! Bringing real world items into the metaverse. not just cartoons like facebutt

[@secondsunrise]

Man that was deep 😂😂 Excellent explanation 🤙🏼

[@FutureBusinessTech]

I'm glad you liked it, Michelle.

[@filsdejeannoir1776]

0:08 But who gets to 'share' it? Because right now the internet is not exactly 'shared'. 0:16 Well we're ALREADY 'inside' the internet rather than 'merely looking at it'. Our every interaction places us 'inside' it. 0:24 'Many 'companies' supporting it' won't make it any more 'decentralised' than it is now. 0:46 Well yes. We can always 'participate in fun challenges'. But we can have a simple conversation or send a Tweet to 'people in the 'wrong' world'. That's the problem. 0:53 Yes but not regardless of ideology. Because as things stand the Facebook 'segregation' AI is TOTALLY INDESTRUCTIBLE! Are they gonna let us ACTUALLY interact in a virtual workroom? So what use is that if we can NEVER talk to 'banned' communities?

[@urbanstylecaptures8716]

An excellent and very informative video. Thanks for sharing this.

[@FutureBusinessTech]

Thank you, Femi. I'm glad it was helpful to you.

[@dafifelement6170]

This was a informative video on what??? He is telling you all the so-called pros there are no pros to this it's all cons.. What part of all this technology is mind control y'all don't understand

[@baldassarealessi1007]

Thank you video wonderful compliment.

[@benemma5602]

Snapchat is actually more likely than Amazon

[@smileysmultimedia]

I can see they have some interest in AR technology, but their core audience and demographic is still exceedingly young and not even thinking about such technology as it's being discussed in this video and the comments. Snapchat does things that they thing gratifies their fairly young audience.

[@rauldoesnothing]

3:05 Roblox is not developed by Epic Games. Not at least from what I can find online. If someone can find me a source for this then I would appreciate it

[@jamestracey5958]

VEVE/OMI👍👍

[@Kabkabmbujimayi]

They already began with the zoom conferences

[@erixbrandex2733]

I don't know who can afford it or who's got time for it I can't even empty my email

[@dyVal]

Really great. I am up to learn it. How about eyes + brain radiation? Hopefully, Metaverse will have Meta Health Check of the gadget capacity, gadget performance and individuals health. Like personal health metrics settings similar to the concept of phone data usage. So, first aid kit +daily prevention should be available as alerts as well as Meta Hospital. lol Or, add the smart watch features such as its health settings, customized health check, and clinic/hospital appointment. Sorry got carried away. lol When Metaverse reach its maturity, lots will have symptoms of eye or brain cancer. Those gadgets sure produces heat that will directly absorbed by the eyes + brain. I'm an IT and also health conscious.

[@saikatbanik9359]

You forget the oldest and 1st company of Metaverse: SONY, with PS Home

[@Minionobion]

2025- MEtaverse is live! Ppl asleep love it! 2025 + 3days - NPC within metaverse shows human response 2025 + 10days - "Hello Skynet"

[@thiagocosta254]

Metahero

[@UNITSandman]

SuperBlue Miami is the place of the photo for the video

[@miyu545]

Bloktopia is by far the most well thought out metaverse

[@thatoneguy3415]

So.. full dive virtual reality? SAO?

[@FutureBusinessTech]

The NerveGear headset technology from Sword Art Online is definitely an interesting concept.

[@nolm6609]

The matrix of the matrix

[@FutureBusinessTech]

Interesting concept, Nol M. My next video is going to touch on that topic.

[@rrdutch4111]

What happens if there’s a power outage? I’m assuming high bandwidth internet required to run this will be low cost/free and available every where, without interruption? Can’t even get basic mobile games to run smoothly online and these companies are pitching a “4D metaverse”🤔 Humanity has a real future, it could be out exploring space, instead people want reality to be having their head buried in a vr system that will short out with a sufficiently large solar storm, pretty sad...

[@millertime22x27]

This will help amzn earnings explode

[@user-eu4cf9yl5o]

So this would sound more promising if all these companies come forward with a shared vision and work towards making a collaborative metaverse rather working on their own ecosystems. This would fail.

[@ronbridges3933]

If only there was a way to get people used to not actually being together in real life.

[@carlososcarcomedy]

Yeah Hope the Lord calls me home soon.

[@AK-wm8lj]

Good stuff

[@FutureBusinessTech]

I appreciate it, AK 47!

[@JohnnyDunn]

Omi veve and ecomi⭕️🔥📈🚀🚀🚀

[@jbalgo]

Those virtual environments will destroy our environment. They require finite resources. So much for preserving the planet. Or can they just come from thin air?

[@serviceprovider6956]

Thanks

[@hastingsotienootieno3660]

Future and beyond is 🔥🔥🔥🔥🔥💕 it

[@sanketroy3017]

Now Sword Art online will become a reality but we would too old to play that 😔😔.

[@Sle267]

Metaverse....do people really want this? Do people really think this will a positive contribution to humanity? Can’t wait to see all the nut cases this produces. Suckerburg, Metaverse “World Champion”

[@florincaroli]

1. Facebook 2. Epic Games 3. Microsoft 4. Google 5. Apple 6. nVidia 7. Amazon

[@joshbodwell8186]

How does Adobe not make this list?

[@PortmanRd]

Metaverse McDonald's, Wal-Mart, etc, etc..

[@theojackson.]

I just want to say, roblox is not made or owned by Epic Games. Fortnite is though. :)

[@dragonfox2399]

Will this be the end of humanity or the beginning ?

[@FutureBusinessTech]

I think it's just a continuation. Virtual reality and augmented devices will very gradually become as common as smartphones over the next 8 to 15 years.

[@dragonfox2399]

@@FutureBusinessTech billions of dollars in creating something that isn’t even real isn’t right. People should’ve used that money to help the planet like regrown forest 🌳, help the poor make healthier foods for the homeless. We don’t the cyberspace metaverse we need to face reality and make good on it.

[@blackthovenproductions4561]

For what reason? Don’t you know that they will create artificial plants in the future?

[@dragonfox2399]

@@blackthovenproductions4561 imagine how sooner those results could’ve been if they use that kind of money on those projects. Cleaner water, better environments, etc. but no they waste that money on fake digital bullshit.

[@SuperShortVibes]

In few decades you'll all agree with my name...

[@JesusChristDenton_7]

The net is vast and infinite.

[@davidchartrand1033]

3:02 Roblox is not developed nor owned by Epic Games.

[@GrowthAndGainsPodcast]

You’re completely factually wrong about RoBlox… I’m not sure how you did that.. you even commented on the stock… you realize if they were owned by Epic Games they wouldn’t have their own stock, right?

[@donseesyourshaydim7529]

Hey, it happens to the best of us.

[@GrowthAndGainsPodcast]

@@donseesyourshaydim7529 well I own a business and also make KZbin videos. I don’t miss those facts

[@andrebudiman4506]

Unity?

[@duudleDreamz]

Roblox is run/owned by Roblox Corporation (CEO David Baszucki) and NOT Epic Games

[@deidreperryman7842]

Nothing but monitoring and control of your life. Unbelievable video

[@FutureBusinessTech]

I provided a counterpoint against monitoring and control within this same video when paraphrasing Epic Game's CEO. What makes you think that I would advocate for something that would negatively impact my life and everyone else's lives I know?

[@nickolasgrun7115]

What about Decentraland ?

[@FutureBusinessTech]

I targeted companies that were most likely to appeal to mainstream audiences.

[@nickolasgrun7115]

@@FutureBusinessTech I think the way to go is to show the full spectrum +I think as decentraland is if not the first (to my knowledge the at least )to experiment as a metaversed "platform" "game" "2life" "experience" it should get credited and shown for to get known to the mainstream

[@dagestan7734]

One Mistake: Roblox isnt owned by Epic Games. Its owned by its own company called Roblox Corporation

[@wilmanmartinez2104]

Senso ! The best one

[@AlexRadic5]

Did someone say matrix????

[@FutureBusinessTech]

The Matrix trilogy was definitely ahead of its time when it comes to the portrayal of certain technologies. Thanks for your reply!

[@tessjuel]

@@FutureBusinessTech The Matrix wasn't ahead of its time, it was late to the game. Virtual Reality stories were already a popular and well established science fiction subgenre when that movie arrived.

[@dhwajsharma7678]

That's why Facebook name change to meta

[@researchereye]

Metaverse is already created in GTA online.

[@Therealcarltonpeasly]

Please don't make the avatars too cartoony or half bodies.

[@Farifaro]

So now if any one try scam on face book so easily you can drag them out or reach them wish this possible too 🤨😂😂