Microsoft Office Translator The term “metaverse” is the latest fashionable word to capture the imagination of the tech industry – so much so that one of the best-known internet platforms is rebranding to indicate that it embraces the futuristic idea.
Facebook CEO Mark Zuckerberg’s announcement Thursday that his company will change its name to Meta Platforms Inc. or Meta for short may be the biggest thing that has happened to metaverse since science fiction writer Neal Stephenson invented the term for his 1992 novel “Snow Crash.” ” But Zuckerberg and his team aren’t the only tech visionaries with ideas on how metadata should be shaped, which will use a mix of virtual reality and other technologies.
And some people who have been thinking about it for some time have concerns about a new world connected to a social media giant that can access even more personal data and are accused of failing to stop the spread of dangerous misinformation and other online harm. exacerbates real-world problems.
What is metaverse?
Basically, the definition is: Metaverse is a speculative future iteration of the Internet part of shared virtual reality, often as a form of social media.
Metaverse is the new Facebook
Is Facebook entering the metaverse?
Is Facebook entering the metaverse? Zuckerberg attaches great importance to what he sees as the next generation of the internet, as he thinks it will be a big part of the digital economy. Critics wonder if the potential pivot is an effort to distract from the company’s crises, including antitrust pressures, testimonies by denouncing former employees, and concerns about handling misinformation.
After copying internal investigative documents and handing them over to the U.S. Securities and Exchange Commission, former employee Frances Haugen accused Facebook platforms of harming children and inciting political violence. It was also provided to a group of media outlets, including The Associated Press, which reported numerous stories about how Facebook prioritizes profit over security and hides its own research from investors and the public.
Will metaverse be another way to get more of my data?
Zuckerberg attaches great importance to what he sees as the next generation of the internet, as he thinks it will be a big part of the digital economy. Critics wonder if the potential pivot is an effort to distract from the company’s crises, including antitrust pressures, testimonies by denouncing former employees, and concerns about handling misinformation. Zuckerberg’s adoption of the metaverse is in some ways at odds with a central principle of his greatest enthusiasts. They envision Metaverse as the salvation of online culture from technology platforms like Facebook, which takes ownership of people’s accounts, photos, posts, and playlists and trades what they collect from that data. “We want to be able to move easily on the Internet, but we want to be able to act in a way that we’re not and aren’t being watched on the internet,” said Steve Jang, a venture capitalist who is managing partner at Kindred Ventures. who focuses on cryptocurrency technology.
It seems clear that Facebook wants to move its business model based on using personal data to sell targeted ads to its metadata. “Ads will continue to be an important part of a strategy in the social media divisions of what we do, and will likely be a meaningful part of the metaverse,” Zuckerberg said in a recent company earnings call. Said. Petrock said he is concerned that Facebook is trying to lead a virtual world that may require more personal data and offer the potential for more abuse and misinformation if it does not solve these problems on its existing platforms.
After copying internal investigative documents and handing them over to the U.S. Securities and Exchange Commission, former employee Frances Haugen accused Facebook platforms of harming children and inciting political violence. It was also provided to a group of media outlets, including The Associated Press, which reported numerous stories about how Facebook prioritizes profit over security and hides its own research from investors and the public.