Home Metaverse The Advantages of China’s Metaverse: How the West Could Lose Its Digital Supremacy

The Advantages of China’s Metaverse: How the West Could Lose Its Digital Supremacy

0
The Advantages of China’s Metaverse: How the West Could Lose Its Digital Supremacy

Source: emerj.com

Advantages of China in the Metaverse 950×540

when facebook i bought oculus in 2014 for more than a billion dollars, it was an investment ahead of its time. For years virtual reality remained an interesting novelty and little else.

However, as investment in AI has skyrocketed In the last eight years, web3 has also become a financing giant. Silicon Valley hardly looks the same as it did a decade ago: Facebook completed its rebranding to Meta, and Apple, Alphabet and Microsoft each have their own VR platforms and business goals. Virtual worlds are back on the radar in a big way.

Virtual reality will be more than a game and will probably become an integral part of our daily lives. McKinsey estimates that virtual reality worlds could generate $5 trillion in economic activity by 2030. The virtual world will not be just where we live and work…

Read More at emerj.com