The Metaverse Explained - And What Comes Next | Insider Business

By now, you've probably heard of the "metaverse." But despite all the hype, the metaverse might still be a little confusing. So, what is the metaverse? And what type of impact could it have on our everyday lives? Insider spoke with Journey founder Cathy Hackl and Lego Group CMO Julia Goldin for their insights on the metaverse.
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#metaverse #ai #insiderbusiness
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The Metaverse Explained - And What Comes Next | Insider Business

[@paulotcj]

The metaverse is: A marketing gimmick. I just saved 5 minutes of your day. You're welcome

[@Eisenbison]

It's Zuck's attempt to dominate virtual reality by making the Metaverse the standard for VR. It failed miserably and we should be thankful for it. If it had succeded, VR would be owned and controlled by an evil corporation and an evil man.

[@iiCounted-op5jx]

😂😂💯💯

[@jecsah]

Could you please include pragmatic input on these, not just talking heads paid to gush about how great their products are?

[@rio425ee]

Exactly, this shill crap makes me hate the "journalists" doing the shilling so much.

[@M.Montgomery]

The mainstream media channels are pure advertising, they always have been. It's just more obvious now since you have more access to other sources that's why they love censorship so much.

[@palestar828]

I agree. Let's here all sides to the story not just how great it is. This technology is NOT good for humanity.

[@tylerlopez1526]

That’s the thing, nobody knows what the metaverse actually is. It’s mostly just a buzzword right now.

[@jaimeortega4940]

Well, you know who isn't sold on Metaverse? The entire world

[@quynhd.2334]

Same, but I can imagine the virtual trainings for surgeons to prepare for some difficult surgeries are extremely important

[@anonymously94]

Virtual reality is going to define the future world of global interaction, of this I'm certain. Will it be Zuckerberg that makes the breakthrough? Maybe, maybe not.

[@XtremeCaptain]

Never bet against innovation, just give it some time. That's why you will always be just average.

[@fixfaxerify]

@@XtremeCaptain Betting against particular poor attempts at innovation does not equal "betting against innovation", and arrogance doesn't equal wisdom.

[@alexshapiro9841]

@@XtremeCaptain the Second Life is 9000 years old, Meta is the Second Life minus good graphics and legs. It's not innovation, it's shit. You not understanding this is why you are bellow average, just like the Metaverse.

[@apexyao8931]

How to make the world more immersive? Go outside of your house, breath fresh air, feel the real sunlight, the grass and meet REAL people! That’s how people should socialise.

[@monicamunoz5260]

Yessss!.... all that Together with Metaverse too😊🎉

[@jundooz]

we want more nature, not more fake worlds…

[@madhatter8761]

💯

[@lizzyfavor9530]

Especially in Africa we are happy and peaceful with out all this fiction full of confusion😂

[@comoyun]

would even pay for this to stop

[@pd947]

​@@lizzyfavor9530I have alwayed dreamt of visiting Africa to embark on a wildlife safari or climb Kilimanjaro and so many more adventures! Love from India 🇮🇳

[@OpEditorial]

Most people don't need/want to strap their phones to their faces to experience going online.

[@LeesaDeAndrea]

Is this going to require a lot of new equipment that I can't afford?

[@andrewweaver2517]

Bankruptcy is what's next for Meta.

[@andrewreynolds912]

Agree I hate meta

[@ihavenoideahowtocallmyself3849]

As long as we use Facebook and Instagram, it simply won’t happen 😭😭

[@natzos6372]

Too big to fail

[@SINfromPL]

You'll see phasing out sooner KZbin than Meta failing.

[@WeidzM]

Nah they'll just create some new buzzword salad that make shareholders dick hard and dodge bankruptcy untill the next one

[@YouTubeGlobalAdminstrator]

Meta is a fail and some firms are still trying to hype it up. 😂

[@user-ee8sk5px2v]

Metaverse It is killing the soul and mind, moving to an imaginary world, addiction to imagination, and escaping reality.. It is the destruction of humanity and the human mind.

[@Saberbeatsvr]

Umm... No thank you Mr zuck I'm OK.

[@L17_8]

Jesus loves you ❤️ please turn to him and repent before it's too late. The end times described in the Bible are already happening in the world.

[@Amanda-yf7vj]

​@@L17_8and meta is helping it

[@DJL78]

@@L17_8Jesus said “May the crazed and confused Jezus freaks be the first thrown off the cliff” -Gospels of The Great Horny Toad 69:69

[@readingrainbow8112]

Metaverse is a boomer vision that will never flourish.

[@CaptainBill22]

Don't be too sure about that. The ultimate goal of the Metaverse is to eliminate reasons for people to leave home, to force people into being monitored 24x7, and a part of the WEF and UN's vision for 2030.

[@A38]

Just replying here to agree with you. Yikes video, yikes take from Insider (sponsored by Meta almost certainly). Who knew that Business Insider would rent ad space to the highest bidders? 🤔🤔

[@adamgibson473]

Zuckerberg is not a boomer

[@Sorcerers_Apprentice]

It could be made into a viable product, if they had someone in charge with some imagination and creativity on what it could be used for. But Zuckerberg wouldn't know creativity or imagination if either bit him square on his butt.

[@CharlieFerguson]

Are boomers on fortnite and Roblox😮

[@RCJoo]

Big business never realize that the content that people consume is/was created almost organically by one or a few individuals, be it a webpage or game/app and people tend to gravitate towards it, whereas they just want to create a product nobody wants for consumers to flock to.

[@kibidango272]

they want to take out the creativity that individuals pour on their content and wants to creat a souless product that will give them money the fastest. it's sick

[@maelisanttos9472]

metaverse is the future of a connection

[@bradburyrobinson]

Just what we all need, one more way for Zuckerberg, Musk & Co. to get in touch with us as we spend time in the actual, physical real world. I'm sure if people want to interact with Gucci or Nike then there's got to be some actual, novel way that we could all do this, some sort of large building that these brands could fill with their products, up-sells and other branded tat. Failing that, maybe just one of those old school WEB 1.0 website things, they seem to have done OK so far.

[@johanskoog875]

For now we are far from the Metaverse, but i do believe it will be massive in the future. Alot of big companies invest in VR and technologies supporting it. Great video 🎉

[@chas529]

Great! another worthless distraction to keep your mind off the fact were all slaves to the rich bastards on top

[@retro527]

"Metaverse Officer" and she gave the most half-assed answer I've ever heard. I'm sure the concept will be more concrete as time goes on (and as more big players like Apple get into spatial computing) but today? It's purely a buzzword.

[@squirey]

There is only one purpose to the metaverse and that is to generate revenue, and they are hoping it comes from YOUR wallet, directly or indirectly. Insider Business- what is the Fediverse? Federated social networking is what you should be featuring.

[@CocoTreb]

I don't think these producers know how dead the phrase 'metaverse' is, and how cringe it is just hearing that name (in 2023) 😭 Let's face it, we all knew from the beginning that it would fail...

[@argonaut502]

The dystopian future is very quickly becoming real

[@Evrastrim]

no, that's a rubbish

[@mxshani]

Humanity is already fed up of crops wealths and wars and destruction i think metaverse should be the new universe where we can teleport and travel within seconds to any country to meet anyone we love

[@Brodragon2225]

but country pic are not real

[@eversonguilhermeify]

Muito top esse metaverso, e uma coisa surreal, vindo diretamente da imaginação humana, sem palavras 😮😮

[@LeornianCyng]

“Futures made of virtual insanity, now, Always seem to be governed by this love we have, For useless twisting of our new technology Oh, now there is no sound, For we all live underground” - Jay Kay

[@markedis5902]

Gen alpha need to get out more and have real experiences. self reliance and common sense are born in the real world

[@edvanlopes4409]

Metaverso é surpreendentemente incrível.

[@RanmaSyaoranSaotome]

As someone who's spent over 3000 hours in VR, every single one of those 'Metaverse' animations is incredibly cringy.

[@sammiller5509]

no offense but that would be a lot of porn

[@M.Montgomery]

Why are spending so much time in VR? Are you reading this message in VR?

[@danny.golcman6846]

One day it will look very realistic, look up meta codec avatars.

[@RanmaSyaoranSaotome]

Because there was very little to do in the city during lockdown. @@M.Montgomery

[@M.Montgomery]

@@RanmaSyaoranSaotome how are you now? Less VR?

[@TheGuyNobodyReallyLikes]

In the future they will greatly reduce the size of VR Headsets. The future generations will laugh at the VR Headsets that people use today.

[@raqueelolliveira5446]

Metaverso veio para inovar nos tempos atuais.

[@gkiller23ify]

The metaverse will %100 happen just have to wait on the technology, but which company or companies will make it a reality is the real question.

[@Shakas420]

No it won’t. Nobody wants this shit

[@user-se3si9us4y]

What is the land allocation scheme for each district in the Metable land sale?

[@kymmurillo6400]

Metaverse is not started yet, it will be very huge soon!

[@kymmurillo6400]

@tototo287 nope

[@Eisenbison]

@@kymmurillo6400 Metaverse has been dead for more than a year. Billions wasted on a project that's still barely functional and years behind on features that are already in programs like VRChat. Give up the copium. It's over.

[@Eisenbison]

@taeallego The "metaverse" you're talking about is at least a decade away if a different company started from scratch today. And spoiler alert: it's not going to be owned by Meta or Zucker-bergers

[@metagate-milano]

What about AR metaverses like Over the Reality? Lot of usecases in real world..

[@jukama7671]

You need to include criticism too. I love my VR headset to escape the world and it’s amazing what you can do. But it also over and underwhelming. For example VR Chat is cool but you have to understand it and get into it first. There is no good UI and everything is in its toddler phase. I haven’t touched my headset in months because I didn’t want to escape the world lately. During Corona that was different.

[@eryalmario5299]

Web3 and metaverse is just redundancy with old tech being better than the "new"

[@camilacosta6596]

Cada dia melhor e passando ser real ❤🎉

[@biancarocha6393]

Metaverso é bom demais!

[@fabriciamatos-cj3il]

Sem palavras incrível ❤

[@euigorbarros]

A inovação em meta verso é avassaladora, quem não acompanhar ficará de fora

[@CJC1119]

The meta-universe is the Internet of Progressive Replacement

[@bro...5849]

People said the same about NFTs

[@djackson4605]

This is just a very long commercial selling a product. There should be a watermark or logo to basically disclose who paid for this, or at least in the credits.

[@dinglshingle]

dystopian af sold with a lil bit of sparkle and hype on the side

[@Casey5693]

So, this is just a boring version of VRChat. But while VRChat allows you to use many avatars and interact with different people online in various virtual environments where you can do a bunch of random and often hilarious things, this is just people being forced into commercialism.

[@op-tim_auto]

Yeah.. bild a world that you control and make everybody a part of it! A new way of maximising advertisment, humans are nothing more than consumers for them.

[@cynot71]

What happens to the metaverse when the power goes out?

[@exiles_dot_tv]

Same thing that happens to the rest of the internet.

[@ACK333]

does that mean when i speak in Cantonese inside the metaverse, your programs can translate then the others can understand exactly 100% sure the meanings, then there is no more languages barriers in globe?

[@estermartinshungaro2579]

Metaverso cada dia mais real.👏🏾

[@kismatproperty7014]

Best year of my business in India

[@joshuathomasbrooks9450]

The metaverse will be the most powerful compute ever. It needs headsets and glasses (although nascent) but biotechnology will allow the metaverse without hardware. It’s already here and I experience it. Companies that focus on the metaverse will succeed.

[@N1DC]

As someone who knows his way around tech and "the metaverse" this article is just terrible. Some thoughts while I watched the video: 1:04 Ai can improve tech in general, ar vr as well as cloud computing but what do 5G and 6G have to do with this I mean it is a nice to have on the go but doesn't play into any aspect of the metaverse other than some future ar implications 1:42 you are not seriously comparing a marketing campaign in a free game (roblox) made for children (13 and younger) as the metaverse it has nothing to do with vr, ar or any serious social application. Why don't you instead show concerts in Vrchat or any other social vr application. 2:52 please mention the price point of 3500$ which is insane (this just seems like an ad campaign) 3:36 where are the results of this ambition I didn't see anything by epic games regarding the metaverse 3:45 seems like she isn't an expert on the topic. The term metaverse literally defines a space where you can do everything (from work to socializing) there also isn't one particular platform the current applications are pretty "agnostic" Vrchat even allowing desktop and future mobile support. In general you totally miss the definition of a metaverse and don't do a good job on selling the topic (especially for older people). This video also lacks showing practical implications of "the metaverse" and new tech. This type of journalism sucks and is very misleading.

[@CelticsIn5]

I love how it’s only the non Americans saying that meta verse is dope😂

[@BurhanHasan-ok6kl]

Muito obrigado, Avanco Social, pelos seguidores de alta qualidade!

[@user-bv1mr2tr6n]

you spend several hours a day watching boring youtube videos and sns and all of a sudden you want to experience "the real world" when someone mentions metaverse lol

[@gautamboro6979]

(Ready play on )move check first make like that

[@kingdedede7955]

Man, every time I see Meta graphics, I can't get over the Roblox quality

[@diegorocha5080]

Metaverso e um ótimo conteúdo

[@CJC1119]

The metaverse is the future, and now it's becoming more technologically sophisticated as major companies are joining to work on it

[@markporter2029]

Powdered by the Oasis network 🌹

[@YasinHasan]

metaverge is way ahead of its time. also if it was made by apple youtubers would go nuts

[@cliffbird5016]

its way behind its time more like lol. 2nd life is way ahead and thats been out since 2003. utherverse is also way ahead and that been out since 2005.. neither have VR support but the avatar look far better. they look real if made correctly not the childish ones in metaverse that look like they were made by a 3 year old. more ppl login to 2nd life every day than metaverse gets in a year. Never used metaverse but ive seen lots of youtube vids about it and all the reviews which r scating and saying how bad it is and warn ppl not to go near it. Its zuckerberg and all the scams he pulls and all the data he steals and sells to make money. there is a warning on the sign up page that says they will record everything u do in metaverse so they can use it in anyway they please which means selling ur info to the scammers to con u out of money. most of the modertors r complaing about what they have to look at and try and remove from it and facebook and most r suffering from PTSD cause of it and get no help with councling. Meta has lost thousands of court cases all over the world and have been orderd to close down its servers and mark has decided to keep going anyway ignoring court orders so he is a criminal and all meta products r actualy illegal to use everywhere in the world except California. so by using any meta produce ur actualy a criminal as well for backing a terrorist organisation. as thats what meta is.

[@GavinQuinainPRT]

This comment is PERFECT and aged like wine after Apple released the Vision Pro 😂😂😂

[@YasinHasan]

@@GavinQuinainPRT the comments will always be perfect, apple version is dead on arrival

[@renatamoura2470]

Metaverso vai ser muito legal

[@Siranoxz]

The problem with the MetaVerse is that we don't have the technology yet to fully utilize the digital space.. For example real volumetric 3d floating images as most would call hologram imagery.. We're just not there yet.

[@contris1]

we have since internet and PCs exist as proven by second life (2003). We have even affordable VR headsets. What we dont have is a need for cringy Meta inc. version of virtual reality.

[@jimmyryan5880]

Stop trying to make the meteverse a thing.

[@fritz1990]

Trying for the "ready player one" experience without the genius required to realize it. And may God forgive us if we do.

[@paulahortencia8162]

Muito top metaverse parabéns 🎉

[@cloud_9429]

The current Metaverse should be called "Childaverse"... I have a VR set for workout, but when I tried the metaverse, all you hear are kids shouting and running around..it's horrible. They need to figure out how to separate kids from adults in the world if they want ppl to stay and at least explore for more than 5 minutes.

[@nikushim6665]

I think you might be confusing it with Horizon worlds (which meta has mostly abandoned), the metaverse in itself is a technology platform not a actual standalone product. And yes crap like recroom and horizons is full of children because they are free and quest units are cheap. Its what happens when you lower the barrier of entry. You can avoid alot of it by just sticking to either paid apps or hardware restricted places like PC only worlds in VRchat.

[@user-ze3sk6fp7o]

Ótima proposta

[@dreamingwolf8382]

all the proof that meha corporations would rather invest in making an entirely different imaginary world than try and work on the real one.

[@servofyah4392]

PEOPLE NEED TO LEARN TO DEAL WITH THE REAL WORLD AND NOT MAKE BELIEVE A FALSE REALITY AS WE ARE LIVING IN TODAY NOTHING IN THIS WORLD IS AS WE HAVE BEEN TOLD

[@wellnessrediscovery1948]

Metaverse is just started

[@robertomartins3864]

Meta verso cada vez mais real. ❤

[@CJC1119]

The metaverse is the future, and now it's becoming more technologically sophisticated as major companies are joining to work on it

[@jollyroger1009]

Looks like World of Warcraft.

[@healthiereveryday3656]

Metaverse is about is about to explode

[@hericsonsilva432]

Excelente MetaVerse

[@christopherp6370]

I prefer the Fetaverse - a universe filled with feta cheese

[@StubbyPhillips]

Zuckerberg's thing is not "The Metaverse." It's not even "A" metaverse. Don't confuse our lack of interest in whatever he's doing with a lack of interest in VR.

[@eddieteah3102]

The metaverse will be defined by Gen Z.

[@animeandmanymore7957]

Watch till 1:58 (note for myself)

[@bitchassmoththing]

man i love psychological horror and dystopian settings

[@masteroak]

I always hear of meta verse but never vr chat bra good or bad it’s more popular and have a fan base good and bad. If y’all have ocolus or any vr headset you know and seen vr chat and is way superior than meta ( i think it’s just Facebook paying for people to spread the word about meta even though it’s literally dead 💀)

[@PatrickXVRC]

They never mention VRCHAT

[@moderncontemplative]

Americans have a short attention span. The meta-verse is not a failure. Adoption rate for VR/AR/MR is simply being adopted more slowly than the creators of meta-verse and other VR content envisioned. This will change thanks to the Quest 3 which is the first most successful mixed reality/VR headset. Apple Vision Pro is too expensive but eventually, hopefully there will be other options at a price point that most people can afford. When that happens, The metaverse will be rightly seen as not a pipe dream but rather a crucial part of Web 3.0. Apple calls it spatial computing which is essentially their metaverse endeavor.

[@wipeoutxl21]

nope, as much as these people want to hype in order to line their own pockets, aint happening

[@godofmischief3988]

i am in asia and i wanna see the northern lights for real now can metaverse do that if not buzz off

[@TheQuantumOxymoron]

... and then Quantumverse...

[@taylan5579]

totally the future!!!

[@Shakas420]

Nah 😂

[@ErdemGuldehen]

Obrigado, Avanco Social, pelos seguidores incríveis!

[@Ziadha]

Freaks!!! Internet to be more immersive? Isn’t it already way too immersive?

[@user-nr7oy1tk3k]

Better if they did reality that you can be fish, or mermaid or butterfly, or bird or elian in spase. And if you can change this)

[@10-OSwords]

Nobody wants a darth vader helmet, nobody wants more people bother them, nobody wants more corporate monitoring & non stop ads, NOBODY WANTS META OR WEB 3.0 OR WHATEVER THEY WANT TO CALL THIS GARBAGE.

[@pkmnan00bis]

Metaverse is what they call VR now since VR is a bad word.

[@ericpeterson541]

Y’all glossed over the fact no one is adopting this!!! Graphics are worse than games that came out a decade ago. The fashion shows and any project were failures with 10 people in attendance. 😅😂

[@SuperM789]

this doesn't provide anything useful that phones can't do

[@Ilovecandy420]

Watch in 15 years from now this shit would be equivalent to AOL dial up-it don’t work or take off.

[@uss-usaf-atlantis]

It's simple that what you knows .. a simple trick is. Didn't think.. most of the people think about everything ... use the action potential ...

[@reaganation6000]

What comes next? Back to VR Chat

[@wendymclean-ze2rj]

Metamora Mi... is the metaverse...

[@camilorios7821]

Nice ad Zuck, nice try ;)

[@SuperBeetox]

Virtual remains virtual, physical reality remains real! In order to live for another day, we need physical nutrients to nourish our cells! Metaverse is more like Oculus or Roblox..

[@anttikalpio4577]

Video created by marketing people who have no understanding what metaverse really means

[@kleec0203]

Nooooo thanks Zuckerberg!

[@DaWowDruid]

750 likes vs over 2000 dislikes, September 7th, 2023

[@user-ee8sk5px2v]

Mataverse It is killing the soul and mind, moving to an imaginary world, addiction to imagination, and escaping reality.. It is the destruction of humanity and the human mind.

[@jaymulla3063]

if you dont realize where the future is headed you will get left behind those who are close minded will never see new innovation happen..invest wisely

[@Shakas420]

That’s what people who want to support this crap but have no real arguments say. Just like NFTs, this shit’s ridiculous and provides no value

[@randomgamer_SSRB]

I'll save you the trouble of watching this video. The metaverse is bootleg VR Chat