NEWS

Metaverse is the most powerful technology to control the future

Metaverse is the most powerful technology to control the future

Metaverse is the most powerful technology to control the future, whoever looks at history and contemplates stories notices that development is an essential feature in human nature, although this development is different from one era to another, and from one place to another, but the undeniable truth is the control of technology in this era, where It represented the highest levels of human development and brought him to a place he had not considered.

 

Which put us in front of many questions that revolve in our minds… Did man really use technology to the extent that he exaggerated it? Alternatively, will technology and the tools it formed will be the magic wand to solve human problems since time immemorial? Will we, as humans, live in infinity and be the beginning of the end with this technology? Are we unconsciously walking behind technology or are we forced to?

 

https://bybnews.com/metaverse-is-the-most-powerful-technology-to-control-the-future/

 

Metaverse is the most powerful technology to control the future

Metaverse is the most powerful technology to control the future
Metaverse is the most powerful technology to control the future

During the past two years, the technology of “Metaverse” has dominated the capital in the world’s markets; rather, on the industry scene in general, the companies that deal with “Metaverse” became dominant on the list of the most powerful companies in the world; In terms of market value.

 

Metaverse world

In 1992, author Neal Stephenson first coined the term metavirus, as part of his science fiction novel Snow Crash, which depicted human interactions through avatars in three-dimensional space.

 

The word meta in English means “beyond,” while the word virus means “universe,” resulting in the term Metaverse, meaning “beyond the universe.” Metaverse is the newest term in technology today.

 

In general, a Metaverse is a form of cyberspace in which users can participate in an AI-based experience in which they can create and participate in a virtual world and simulate real life. Users bypass their smartphone and computer screens by reintroducing a version of themselves in the virtual world, turning it into an avatar.

 

 

Facts and figures

Metaverse is the most powerful technology to control the future
Metaverse is the most powerful technology to control the future

In fact, we cannot deny the fact that the “Metaverse economy” may reach huge rates of between 8 trillion and 13 trillion dollars by 2030, according to the latest Citibank reports.

According to a research study published by (Facts and Factors), the market value of Metaverse amounted to about 33 billion dollars in 2021. The global market size of this technology is expected to reach 800 billion dollars by 2024, while its technologies will contribute to creating industries and creative projects that will change The reality is largely true, according to a Bloomberg Intelligence report.

 

Looking at the volume of global companies’ investments in Metaverse, we note that Microsoft announced last January that it would control Activision Blizzard, the developer and publisher of video games, to be its main place and its own world for Metaverse, and the deal amounts to 70 billion. dollars, one of the company’s largest deals ever, according to the “Make Uses of” platform.

 

Then, here is the Facebook company, which changed its name to “Meta” in a big reference to its big bet on the future of “Metaverse”, as the company invested a total of 10 billion dollars in order to update and develop all the hardware and software that will be worked on, to provide the capabilities of reality. virtual and augmented reality within Metaverse,

 

Then finally, Google decided to follow in the footsteps of these giant companies last January; It announced an investment in its equity fund, placing $39.5 million in all meta-virus projects.

 

10 billion Yuan of Chinese investment

Metaverse is the most powerful technology to control the future
Metaverse is the most powerful technology to control the future

It doesn’t just stop there; Rather, investments in “Metaverse” imposed themselves on the countries of the world in a way that they were able to change the landscape for the world economy and markets in recent months.

By tracking the list of major countries since the beginning of 2022, we find that the number of requests for new brands in China that contain the word “Metaverse” It exceeded more than 7,000 applications, starting from the ninth of December last year, and more than a thousand companies registered trademarks related to “Metaverse”; This is according to the “D-Crypt” platform; Beijing ranked first with 810 brands; It is followed by “Guangzhou” with 637; and “Shenzhen” and “Shanghai” with 519 and 419, respectively.

 

The value of Chinese investments in “Metavirus” during the past year alone amounted to more than 10 billion yuan, (1 yuan = 0.15 dollars), and this number is constantly increasing; It has also invested in at least 67 gaming companies this year, and for “Tencent” its focus is on the areas of games and social communication in the first place. metavirs.

Show More

Rahaf Ibrahim

A multi-disciplined content writer with a long period of work in English and Arabic content and holds a master's degree in television media.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also
Close
Back to top button