By now most people have heard about Facebook’s plan to open up The Metaverse to everyone: a virtual environment where we interact and engage in a digital world.
Back at the start of September I wrote Future Tech: Prescription Glasses Metaphor, and shared how wearable technology will enhance us. In it I said, “The future I shared above is a future with a metaphorical 30/20 vision. It is the ability to see and feel things that people today can not see or feel without augmentation… and this will be the new version of 20/20 vision.”
Essentially, if you aren’t augmenting your sight with added (meta) data from the world, normal vision would be like you are walking around with bad vision, missing out on what everyone else can see. The Metaverse is a bit different. It isn’t augmentation of reality, it is an alternate reality, albeit a virtual one. It is a world unto itself, with locations to visit and items to consume and purchase.
There are a lot of movies about people being trapped in a virtual world or a video game, this is a space people choose to go to. It has all the trappings of the present world, but without the crowds, pollution, and effort to commute to different places. But while I haven’t read Neal Stephenson’s Snow Crash that first coined the Metaverse, from what I understand it’s quite dystopian, with capitalism reigning supreme and the rich controlling the virtual world. Sure, it will produce some new winners, the early adopters who understand how to build and capitalize in this new frontier. However, the rich will also do very well, and be the early buyers who build the infrastructure for profit. Facebook will profit the most, with a younger generation that was a demographic that they were losing.
It’s going to happen. It’s going to be a space everyone finds value visiting. From moviegoers, sitting in a virtual theatre with the biggest screen they’ve ever seen right ‘in front of’ their eyes. To birthday parties of friends in other parts of the world. To business meetings. To music concerts and live performances. To actual video games where you spend both time and money living in an alternate reality.
Except it won’t just be a vacation land and escape. It will be a temporary happy pill for some, and a permanent place of work for others. It will not bring happiness for most, it will only extend the rat race of the physical world into a virtual world.
if this feels like a dystopian outlook, it’s not because of the inability for this new Metaverse to be a great place, but rather because those who build it and first explore it won’t be there to make it an ideal place to enjoy, they will be there to make it a market to gain profit and power.
Welcome to the virtual rat race.
