The Metaverse as it will at least initially stand, is the perfect environment for governments and corporations, because the entire structure is controlled. And the better it gets, the more engineered it becomes, the more compelling and people will likely choose to stay connected, much like they are glued to their phone screens now. This is the perfect medium for revenue generation, with a captured audience that has little else to do, except consume from a virtual environment.
One of the reasons that tech companies have such a high capitalization of their workforce, is because most of them produce very little that is real. This keeps costs down and maximizes income, an once there is the foundation and market in place, the incremental changes can be applied, without building the rest of the product at all. This is different to a car company for instance, where if they make cosmetic changes for the new range, they still have to build the entire car to sell it.
There are so many "areas of opportunity" to increase value, but reduce movement of people, that governments are definitely going to back it. Meeting environmental targets gets easier when people are not travelling as much, there is less need to upgrade or build roads and cars, houses can be smaller and people are staying at home, connected, rather than travelling on holiday. The list of savings is massive, which sounds like a good thing, but what about the costs?
Perhaps you are claiming that the Metaverse will become a blue ocean that allows individuals to earn new investments and income, I understand.Dear my friend @tarazkp !
By the way, In the East Asian world where I live, the metaverse doesn't get much attention.
Since the world I live in is turning into a communist system, the state monitors all personal property.
So, individuals like me are limited by the state in their production and consumption activities.
Since I am currently in the position of a serf, I do not have the capital or skills to invest in the metaverse.
So, most people in the world I live in don't know about the metaverse.
Only the state and large corporations have the money and technology to invest in the metaverse.
In communist East Asia, I speculated, the metaverse would simply be a vehicle for states and large corporations to exploit individuals!
The digital world will make it even easier for them to monitor.
They invest into building it - you will invest into consuming it, one way or another - that is why they invest.
I agree with you!
In the world I live in, the metaverse is becoming a means for states and large corporations to exploit individuals.