Forum Topics MetaVerse
Summer12
Added 4 years ago

Not for everybody - however i found this article on how medical care is changing in the US with the use of VR and the Metaverse.

https://www.webmd.com/a-to-z-guides/news/20220812/metaverse-medicine-doctor-patient-avatars-ahead?src=RSS_PUBLIC

Disc Hold VR and Metaverse type companies.

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learnedone
Added 4 years ago

For me personally, it matters not. I have decided to ignore the "MetaVerse", and so far I am not feeling any pangs of loss.

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Summer12
Added 4 years ago

Just finished listening to Sunday's edition of The Moley Fool (TMF) podcast. I value everyone's thoughts and opinions on a range of topics, however i felt in the first 8 minutes of the podcast Scott demonstrated that he knew little on the subject of the Metaverse.

I hear and read regular media coverage on the Metaverse or has it has become known "Meta" I feel Scott for one needs to do a little more research on this and especially the difference between what Mark Zuckerberg and his team are attempting to achieve i.e. a closed Metaverse and what Yat Sui and Robby Yung and their team at Animoca Brands are trying to achieve an Open Metaverse.

I don't know what the future holds and its a real rabbit hole, but i too feel its to big to ignore.

Looking forward the podcast episode solely dedicated to the metaverse.

https://www.youtube.com/results?search_query=yat+sui+explaining+the+metaverse

https://www.youtube.com/results?search_query=robby+yung+explaining+the+metaverse

Full disclosure i hold Animoca Brands IRL and yes I am a bit of a Yat and Robby fan



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thebehavioralinvestor
Added 4 years ago

I’m irked by the meta verse. Frances Haugen blew the whistle on Mark Zuckerberg and as a result he changed his company name and started burning cash on a product no one asked for. I don’t want to walk around with a headset on getting sweaty and cross eyed.


The Seoul police dept quote is interesting but what he’s talking about is a digital twin. These not only digitally copy reality but can influence reality by changing the position of flood gates for example based on prediction of flood levels in the twin.


So there needs to be some care about terminology here. I’m all for digital twins and believe there will be one for everything. The government will have a twin of its jurisdiction which is used to predict all things and mobilise responses and teams.


This is not the meta verse.

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Hands
Added 4 years ago

@thebehavioralinvestor I think I would have to disagree with you about digital twins being separate from the metaverse. With the metaverse being a decentralised and interoperatable ecosystem of data and applications, digital twins are the exact type of case use that would propel further investments.

Reasons for digital twins being part of the metaverse:

1) They rely on datasets which are increasingly being sourced from databases in the cloud (either open source or for-profit databases). Increasingly the data will be time-dependent, and updated to the minute or second. Just as the world is interconnected, digital twins must also increasingly mirror these interconnections so they can produce meaningful scenarios. One area of great interest would be patterns of human psychology (eg herd mentality during disaster scenarios; buying/selling behaviour during abundance/scarcity etc).

2) Digital twins are driven on AI/VR/AR and the increasing interoperability of the newly developed software applications to just 'plug-in' on top of existing platforms to display data in a different way. I'm thinking decentralisation of costly data and information analysis tools away from government and large corporations to smaller businesses who may be able to test small scale scenarios (ie limited digital twins) in their own right. For example freight companies and their move to driverless and drone deliveries.

3) We are entering a DATA age (having just been through the digital age). We are beginning to see data as a commodity in itself. As more use cases appear, there will be more businesses trying to find ways to make money from their aggregated data (eg geographical surveyors, consumer/business sentiment data, experiential data), . And even more businesses selling their 'intepretations/research' of that data - my prediction is that it will no longer be confined to the realm of university PHD degrees and information will move a lot faster rightly or wrongly.

4) To pay for this data, we need a instantaneous and seamless financial system that can cross geographical borders. This is where cryptocurrency and blockchain contracts come in. NFTs are basically contract rights to digital artwork (graphics and sound). It's just a way to recognise ownership of these non-physical assets. So far it's been a bunch of teenagers toying with the marketplace but I have faith it will settle down once the silliness wears off.

Just to be clear. Facebook is not the metaverse. Nvidia is not the metaverse. Roblox is not the metaverse. Google is not the metaverse.

These are just companies trying to monetise use of the newest technologies in different ways. Afterall, they have made a lot of investments into this space so far and have what they believe is a data advantage through their years of business experience. They just want to sell their newest idea and earn a buck for their owners/shareholders.

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