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What Is the Metaverse? The next chapter for the internet.


 

What’s the definition of a metaverse?

 

Neal Stephenson outlined in his 1992 best seller “Snow Crash.” That book anticipated and coined the term “metaverse,” a concept that 30 years later has become a reality for many gamers, and the North Star for a certain Mark Zuckerberg.

Since then, various developments have made mileposts on the way toward a real metaverse, an online virtual world that incorporates augmented reality, virtual reality, 3D holographic avatars, video, and other means of communication. As the metaverse expands, it will offer a hyper-real alternative world for you to coexist in.

 

When can we expect to see it?

 

Mark Zuckerberg, the CEO of the newly named Meta (formerly Facebook), estimates it could take five to 10 years before the key features of the metaverse become mainstream. But aspects of the metaverse currently exist. Ultra-fast broadband speeds, virtual reality headsets, and persistent always-on online worlds are already up and running, even though they may not be accessible to all.

 

What are some examples of it?

 

Here's a look at what's happening today that could lead to the metaverse of tomorrow:

 

♦ Meta. The tech giant formerly known as Facebook has already made significant investments in virtual reality, including the 2014 acquisition of Oculus. Meta envisions a virtual world where digital avatars connect through work, travel or entertainment using VR headsets. Zuckerberg has been bullish on the metaverse, believing it could replace the internet as we know it. "The next platform and medium will be even more immersive and embodied internet where you’re in the experience, not just looking at it, and we call this the metaverse," said Meta CEO Mark Zuckerberg last month after revealing the company's rebranding. 

♦ Microsoft. The software giant already uses holograms and is developing mixed and extended reality (XR) applications with its Microsoft Mesh platform, which combines the real world with augmented reality and virtual reality. Earlier this month, Microsoft showed off its plans for bringing mixed-reality including holograms and virtual avatars to Microsoft Teams in 2022. Also in the works for next year: explorable 3D virtual connected spaces for retail and workplaces. The U.S. Army is currently working with Microsoft on an augmented reality Hololens 2 headset for soldiers to train, rehearse and fight in. Beyond that, Xbox Live already connects millions of video game players across the globe, too.

♦ Epic Games. Tim Sweeney, CEO of the company that developed Fortnite, has said, "It’s no secret that Epic is invested in building the metaverse." It's held concerts by the likes of Ariana Grande and Travis Scott, movie trailers and music debuts, and even an "immersive" re-imagining of Martin Luther King Jr.'s 1963 historic "I Have A Dream" speech. And it's developing photorealistic digital humans with its MetaHuman Creator, which could be how you customize your digital doppelganger in future open-world games.

 

Real gear in a virtual world: Fortnite partners with Balenciaga on outfits for you and your avatar

From NFL to Air Jordan to Ariana Grande: The biggest Fortnite crossover events so far

 

♦ Minecraft. Another virtual universe beloved by kids, the Microsoft-owned Minecraft is essentially the digital equivalent of Legos, where players can create their own digital character and build whatever they desire. As of August, Minecraft boasts more than 140 million monthly active users. During the pandemic, it has exploded in popularity among kids who had to rely more heavily on virtual connections.

 

Some lesser-known companies have launched their own online worlds. The online fantasy world Second Life, founded in 2003, is in its second decade as an alternate reality.

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