Apple’s CEO has doubt about the ‘metaverse’ – The Verge reports Tim Cook wouldn’t believe individuals couldn’t make up the ‘metaverse’. On #Labstalk we already debated the future of hardware will define the future of this mythical space. Tim Cook apparently concludes most people wouldn’t be able to spend time in the virtual world. Meanwhile, the corporate, The Verge supports the market rumours about upcoming AR and VR gear.
It’s still reportedly developing AR and VR hardware.
The Metaverse is uncharted land. A big bet for many. Because it opens up so many new opportunities, that lie in the virtual and the physical world. MuTalk is concerned about your voice in public. With goggles on, it’s impossible to note who’s around you. Anything expressed in such a setting can end a leak to bystanders.
To let you immerse into the Metaverse on, say, a train platform while you wait for your commute, MuTalk now allows you to do virtual meetings with your corporate colleagues without risking your privacy.
MuTalk is a bizarre-looking Bluetooth microphone that lets you chat privately in public thanks to its sound absorption material.
From the article
The Metaverse is huge opportunity, that attracts lucky knights.
We know Facebook has big plans for the Metaverse. The company even rebranded as Meta to underline it’s ambition. On Labstalk, we almost spent the entire season discussing benefits and goals of the technology, alongside with all the other tech topics in the same space, like Web3, NFTs and DOAs.
Back to Meta (the company) and the Metaverse: among others, one of the foundational use-cases the company re-imagines – to make it attractive to the promising B2B market: virtual or remote meetings.
And if you ever get to see any of the promotional images: At first glance, these that really look like a meeting in a 3D Room can be a viable alternative. In the pandemic the corporate workforce first came from plenty of travel and got force-used to Zoom and Teams meetings, only to develop even worse meeting fatigue because in-person required travel. Now after almost three years of pandemic, the audience is eager for something new and the time seems right for a different format.
Alone: the hype doesn’t materialise.
Parmy Olson from Bloomberg reports that Accenture, among other companies that are reference customers to Facebook/Meta’s Occulus platform, bought plenty of gear, 60k devices, some as long as 2 years ago. To use these devices for new hire orientation. AstraZeneca, another major customer, wouldn’t even comment.
The virtual conference room needs to die. VR is better used for fun and building relationships.
A major reason for the lack of momentum I can confirm from own experiences is the bad reputation Facebook/Meta has for their perspectives on privacy and handling of sensitive data. The ‘surveillance capitalism’ approach the company takes with this new technology and economy bet becomes apparent in the pricing strategy for these Occulus devices. The Facebook/Meta (or ‘surveillance’)-free version of the device, that appears technically identical, is about 30% more expensive, according to sources in well informed circles.
Personally, I believe in the concept but can re-affirm these concerns and understand the restraints that come alongside the curiosity. While the investments that Meta makes in the technology help the hardware make necessary progress towards user-acceptance, other players need to step in and provide applications to help solve corporate acceptance.
The Metaverse is a hyped place for a while now. The company formally known as Facebook made the Metaverse its single purpose, with such dedication it even changed it name. With web3 and blockchain and NFTs the Metaverse penetrates all aspects of online (and offline) life. Still, many consumers ask themselves, what tf is the Metaverse in first place. Digiday attaches a few numbers to that feeling.
Of course, the predictions include the metaverse. You’ll be surprised by this particular prediction, number 5 in the article. However, I wouldn’t be surprised if it was true. Chances are vague, though.