After Facebook changed its name to Meta and announced that it would invest billions of dollars in the metaverse, the future of social media was also the subject of discussion. The new research, which deals with the predictions of augmented reality (XR) encompassing virtual reality (AR, MR and VR), revealed what will happen by 2040.
More than 500 million users will be on the metaverse
Although augmented reality (XR) has been in the tech world for years as gaming or social media, it’s gaining more prominence by pioneering the metaverse. But activists, academics, and business leaders were divided on their metaverse goals.
Recent research by Elon University and Pew Research showed that by 2040, there will be more than half a billion people on metaverse platforms. This claim, put forward by 54 percent of the researchers, draws attention to not getting rich by investing in the metaverse.
According to 54 percent of those surveyed, more than 500 million users will take their place in the metaverse as part of their daily lives. However, 46 percent of experts completely oppose this idea. So they don’t believe that the metaverse will be a part of daily life in the near future.
However, the ethical issues of the metaverse were at the forefront of the issues that experts participated in. They said it is very difficult to control users in a purely virtual world. We have seen that these ethical issues abound in Horizon Worlds, Meta’s VR game.
The respondents also think that corporate and authoritarian interests can get in the way of people. He believes companies can ignore the bad sides of the metaverse to keep users on the platform more. These authoritarian interests, they said, would foster surveillance capitalism.
The research, in which expert names were divided into two, highlighted the investments to be made in VR/AR headsets for the metaverse to grow further until 2040. More industry leaders need to enter the market, especially Meta’s Oculus Quests. We’ve heard a lot lately that Apple might release a VR headset.
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