When the company formerly known as Facebook announced plans in October to change its name to Meta, the company said the move would better reflect its intention to “bring the metaverse to life and help people connect, find communities and grow businesses.” Such a dramatic shift from one of the world’s most valuable companies prompted all manner of commentary and speculation, posing as many questions as answers.
Among the key questions: What, exactly, is the metaverse, and why has Facebook now oriented its future around the space?
David Touve, senior director of the University of Virginia’s Batten Institute and an expert in new technologies and digital experiences, recently answered questions about the nascent metaverse.
Q. As you understand the current project underway at Facebook, what is the metaverse?
A. I think that to understand this concept of a “metaverse,” it can be helpful to first think of any shared, virtual space:…
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