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At the end of June, Mark Zuckerberg told Facebook employees that the social network would be embarking on an ambitious mission to the center of the metaverse.

Though the directive sounds straight out of a sci-fi movie, the announcement has serious implications for the future — and it may be closer to reality than you think.

The metaverse essentially represents a three-dimensional internet that spans both the physical and virtual worlds. Many people use it in reference to video games or virtual reality, and most tech companies think it’s the next big thing that’ll eventually succeed the internet. 

Zuckerberg told Casey Newton at The Verge that Facebook will transform from a social media company to a “metaverse company,” adding that people aren’t meant to interact through “small, glowing rectangles.” 

A Facebook spokesperson told Insider that Zuckerberg does not believe the metaverse is something one company can build or govern alone — rather, it’s a collaborative movement that must take developers and creator communities into consideration to be successful. 

The bold initiative to grow Facebook beyond its current confines comes as the US government takes serious steps toward regulating big tech. 

The recent introduction of five bipartisan antitrust bills could threaten Facebook’s …read more

Source:: Businessinsider – Technology


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