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Most Metaverse business projects will be dead by 2025
McKinsey forecasts market value of $5 trillion by 2030, Citi says up to $13 trillion, but Canalys doesn't agree
CANALYS CHANNELS FORUM The metaverse is a solution looking for a B2B problem – that problem being how to help Meta CEO Mark Zuckerberg drum up billions of dollars in revenues – and it's going to fail in the not-too-distant future.
That is if you believe the good folk at Canalys, who are seemingly already buffing a gravestone for Zuck's version of the internet that we recently pointed out nobody really wants.
"Is the metaverse the next digital frontier or an overhyped money pit?" asked Matthew Ball, chief analyst at Canalys, at the company's Channels Forum in Barcelona.
"Tens of billions of dollars have already been invested, costs and delays to Meta's own progress is a barometer. Learn more / En savoir plus / Mehr erfahren: https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Metaverse Read the full article at: www.theregister.com
Via Gust MEES
Those weird “loved ones come back from the dead to visit you” stunts pulled by celebrities like Kanye West may soon become a reality through your digital assistant.
At Amazon’s re:MARS conference, the company announced it’s working on a feature that can synthesize short audio clips of a person’s voice and then reprogram it as longer speech. Amazon’s Senior Vice President and Head Scientist for Alexa, Rohit Prasad, showed off a demonstration where, as TechCrunch described, “the voice of a deceased loved one (a grandmother, in this case), is used to read a grandson a bedtime story.” Learn more / En savoir plus / Mehr erfahren: https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Amazon Read the full article at: gizmodo.com
Via Gust MEES
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFT, has announced it is raising $450 million at a $4 billion valuation. The NFT company said the funds would be used to scale its team and operations, which it confirmed includes a new metaverse project called Otherside.
The metaverse project, Otherside, will integrate avatars from a number of NFT projects, including BAYC. Earlier this week, Yuga Labs tweeted a teaser that a metaverse project powered by its new ape-themed crypto coin, Ape Coin was in the works.
Among the investors are Andreessen Horowitz along with gaming studio Animoca Brands and cryptofirms FTX which are both already associated with YugaLabs.
Google, Samsung, Adidas as well as celebrities such as Colin Kaepernick, Shaquille O' Neal, Steve Aoki, and Timbaland among others also invested in the funding round. Learn more / En savoir plus / Mehr erfahren: https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Metaverse https://www.scoop.it/t/securite-pc-et-internet/?&tag=crypto-currency https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Coinbase https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=NFT Read the full article at: www.zdnet.com
Via Gust MEES
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As a platform company, our approach to workplace productivity and collaboration is to ensure the software experiences we deliver can benefit users on all their favorite devices. In that spirit, today we are announcing several ways we are partnering with Meta to provide customers with more choice and security as they venture into the metaverse.
First, we are bringing Mesh for Microsoft Teams to Meta Quest devices. Mesh for Teams builds on years of research and Microsoft Cloud innovation, from Azure Digital Twins to Dynamics 365 Remote Assist and Teams video meetings. It is designed to help people gather virtually in the place where work happens on any device, including smartphones, laptops and mixed-reality headsets. Mesh for Teams with Meta Quest Pro and Meta Quest 2 devices will enable people to connect and collaborate as though they are together in person. Learn more / En savoir plus / Mehr erfahren: https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Metaverse Read the full article at: blogs.microsoft.com
Via Gust MEES
Two of the biggest names in entertainment are coming together to create a virtual space aimed at kids, through a new partnership between Fortnite developer Epic Games and Lego. “We are excited to come together to build a space in the metaverse that’s fun, entertaining, and made for kids and families,” Epic CEO Tim Sweeney said in a statement.
Details are scarce — and the concept of a metaverse remains a murky one — but the companies say that whatever it is they end up building will be designed as a family-friendly virtual space from the beginning. “The Lego Group and Epic Games will combine their extensive experience to ensure that this next iteration of the internet is designed from the outset with the wellbeing of kids in mind,” the companies explained in a press release. Learn more / En savoir plus / Mehr erfahren: https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Metaverse Read the full article at: www.theverge.com
Via Gust MEES
Unity spun that idea into an arm of its business and is now leveraging its game engine technology to help clients make “digital twins” of real-life objects, environments, and, recently, people. “The real world is so freaking limited,” said Danny Lange, Unity’s senior vice president of artificial intelligence, in Unity’s San Francisco headquarters last October. Speaking with WIRED in 2020, he had told me, “In a synthetic world, you can basically re-create a world that is better than the real world for training systems. And I can create many more scenarios with that data in Unity.” Learn more / En savoir plus / Mehr erfahren: https://www.scoop.it/t/21st-century-innovative-technologies-and-developments/?&tag=VR http://www.scoop.it/t/21st-century-learning-and-teaching/?&tag=Virtual+Reality Read the full article at: www.wired.com
Via Gust MEES
Ever since Star Wars first showed space wizards talking to holograms, calling someone and chatting with their 3D simulacrum has become a staple of science fiction. But based on a patent application published in January, it sure looks like FacebookMeta is trying to make 3D conversations a reality right now — even if not quite the way George Lucas envisioned it.
With the disclaimer that many patents never end up becoming an actual product, the patent does hint at how Meta envisions the future of communication.
What’s the patent about?
Meta, then Facebook, filed a Patent Application in 2020 titled 3D Conversations in an Artificial Reality Environment. Specifically, the application outlines a pipeline for capturing and transmitting 3D representations of callers, “allowing conversation participants to appear as if face-to-face.” Learn more / En savoir plus / Mehr erfahren: https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Hologram Read the full article at: thenextweb.com
Via Gust MEES
First, there was web1 – aka the internet we all know and love. Then there was web2 – the user-generated web, heralded by the arrival of social media. Now, wherever we look, people are talking about web3 (or sometimes, web 3.0) – the supposed next big evolutionary leap forward of the internet. But what is it, exactly?
What is Web3 All About? An Easy Explanation With Examples
Well, opinions on this differ somewhat. Web3 is currently a work-in-progress and isn’t exactly defined yet. However, the main principle is that it will be decentralized – rather than controlled by governments and corporations, as is the case with today’s internet – and, to some extent, connected to the concept of the “metaverse."
Before we start – just to avoid confusion – it’s worth mentioning that, until a few years ago, the term “web 3.0” was frequently used to describe what is now known as the “semantic web." This was a concept put forward by the original "father of the internet," Sir Tim Berners-Lee, for a machine-to-machine internet. Language is defined by its use, and the term is more frequently used to describe something else now. However, Berners-Lee’s concepts are considered to be a part of what we now call web3, although not the entirety of it.
Learn more / En savoir plus / Mehr erfahren: https://www.scoop.it/t/21st-century-innovative-technologies-and-developments/?&tag=Tim+BERNERS+LEE Read the full article at: www.forbes.com
Via Gust MEES
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Most Metaverse business projects will be dead by 2025
McKinsey forecasts market value of $5 trillion by 2030, Citi says up to $13 trillion, but Canalys doesn't agree
CANALYS CHANNELS FORUM The metaverse is a solution looking for a B2B problem – that problem being how to help Meta CEO Mark Zuckerberg drum up billions of dollars in revenues – and it's going to fail in the not-too-distant future.
That is if you believe the good folk at Canalys, who are seemingly already buffing a gravestone for Zuck's version of the internet that we recently pointed out nobody really wants.
"Is the metaverse the next digital frontier or an overhyped money pit?" asked Matthew Ball, chief analyst at Canalys, at the company's Channels Forum in Barcelona.
"Tens of billions of dollars have already been invested, costs and delays to Meta's own progress is a barometer.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Metaverse