Metaverse, the most used tech buzzword of the year, has failed to capture the attention of the masses to date. Will it be useful in our daily lives in 2023 as companies spend billions on virtual reality/augmented reality (VR-AR) related technologies?

Meta (formerly Facebook), which laid off more than 11,000 employees in 2022, is struggling to win and keep users on its virtual reality (VR) social platform called Horizon Worlds, its biggest gamble to fulfill its $10 billion metaverse dream. .

In fact, Apple CEO Tim Cook has said that while many tech companies are optimistic about the metaverse, he’s not sure if the average person can understand what the metaverse really is.

However, the industry remains bullish on the metaverse. According to reports, the global metaverse market is expected to…