financetom
Technology
financetom
/
Technology
/
Metaverse will be successor to internet, will shape all experience, says Mark Zuckerberg
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Metaverse will be successor to internet, will shape all experience, says Mark Zuckerberg
Dec 15, 2021 3:24 AM

Metaverse will be the successor to mobile internet, it will be an immersive internet, Meta chief Mark Zuckerberg said Wednesday. He said this virtual world will shape all the experiences on the internet, with uses case ranging from hanging out with friends to entertainment, gaming, fitness, and education.

"Work will be the big use case for immersive tech, virtual meetings can be more immersive," Zuckerberg said speaking at the second Fuel for India event. However, he said, a single company cannot build the metaverse, millions of creators will be needed to build it.

"India has an entrepreneurial spirit combined with scale," Meta chief said, adding that it is obvious India will be a huge part of the creation of metaverse.

Also Read | Bill Gates: Office meetings in the metaverse only 2-3 years away

Zuckerberg said he is excited about the developer ecosystem in India and wants to do his part to unlock this potential. "We will see a huge amount of stuff being built here in India," I am excited about India, he said, adding that experiences of people here will change things of people around the world.

Metaverse is a centralised virtual world, a world parallel to our own. It catapulted to the collective consciousness of the world after Facebook rebranded to Meta, in a nod to the term metaverse, which is touted as the next big revolution after the internet. Such metaverses can be created by companies for various reasons. For example, Nike is preparing to sell sneakers. Metaverse promises to allow a greater overlap of our digital and physical lives in entertainment, productivity, work, shopping, among others.

At its core, Metaverse is also known as Web3 and is an evolution of what we know to be the Internet. The idea is to make us feel we are together, even when we are not.

For example, the pandemic forced most officegoers to work from home. But fast forward a couple of years, we could wear a pair of virtual reality glasses, which could stimulate your office environment right at your home. It won't be the same thing, but close. And it will keep getting closer as the technology evolves. Mark Zuckerberg calls it the continuation of the technological trend, we have moved from text to photos to videos.

Also Read | Explained: How real estate is booming in metaverse

(Edited by : Yashi Gupta)

First Published:Dec 15, 2021 12:24 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Atlantic International's Lyneer Staffing Solutions Lands Contract with Global E-Commerce Leader with Potential for $17 Million in Revenue
Atlantic International's Lyneer Staffing Solutions Lands Contract with Global E-Commerce Leader with Potential for $17 Million in Revenue
Sep 25, 2025
ENGLEWOOD CLIFFS, N.J., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Atlantic International Corp. ( ATLN ) , a strategic staffing and workforce solutions provider, today announced that its subsidiary Lyneer Staffing Solutions has secured a contract with the potential to generate up to $17 million in revenue over the next 12 months to provide comprehensive staffing services for a global e-commerce...
KnowBe4 Named Leader in G2 Grid Fall 2025 Report in Multiple Human Risk Management Categories
KnowBe4 Named Leader in G2 Grid Fall 2025 Report in Multiple Human Risk Management Categories
Sep 25, 2025
KnowBe4's Security Awareness Training maintains number one position for over six years while PhishER continues four-year leadership streak in Incident Response TAMPA, Fla., Sept. 25, 2025 /PRNewswire/ -- KnowBe4, the world-renowned cybersecurity platform that comprehensively addresses human risk management, today announced its Security Awareness Training (SAT) software has maintained its position as the number one leader in the G2 Grid...
CODiE Awards Announce 2025 Finalists Recognizing the Most Innovative Products in Technology
CODiE Awards Announce 2025 Finalists Recognizing the Most Innovative Products in Technology
Sep 25, 2025
IRVINE, Calif., Sept. 25, 2025 /PRNewswire/ -- The CODiE Awards, the premier peer-recognized program celebrating excellence and innovation in technology, today announced the 2025 CODiE Awards Finalists. These standout products and companies were selected as the most innovative and impactful in their fields, representing advancements across the technology industry. The 2025 CODiE Awards recognize achievement in 76 categories, including new areas...
EdSights Raises $80M to Lead the Next Era of Student Engagement and Retention Software in Higher Education
EdSights Raises $80M to Lead the Next Era of Student Engagement and Retention Software in Higher Education
Sep 25, 2025
The new investment will help EdSights scale its mission to create a more student-centered higher education system NEW YORK--(BUSINESS WIRE)-- EdSights, the first AI-powered student voice platform, today announced it has secured a strategic growth investment from JMI Equity, a leading growth equity software investor. Partnering with more than 240 universities and colleges nationwide, EdSights has successfully developed a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved