Meta CEO Mark Zuckerberg knows that if Metaverse is to make a place in this world, it will face many challenges.
Like getting people to spend time and money on it.
Speaking to SXSW, Mark Zuckerberg mentioned a number of issues regarding the formation of metaverse.
He also praised the digital world being built on the Internet, where people can meet, work and shop.
Mark Zuckerberg said he believes technology will improve over time.
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He talked about the need to create digital attars for people in Metaverse that could represent them, not just for skin color and body composition but also for various items such as wheelchairs and hearing aids.
“The question is, will I do it?” Will this be the place where I will invest?
For Mark Zuckerberg, the answer is a resounding yes. He is so convinced that he changed the company’s name from Facebook to Meta in October 2021.
“This is the next chapter in our work and we believe this is a new chapter for the whole Internet,” he said.
Now speaking at SXSW, he said he believes Metaverse will be the most important part of his company.
But much remains to be done to expand and activate this digital world.
Speaking at the Mobile World Congress in February 2022, Mark Zuckerberg said that Metavers needed connectivity infrastructure to support this technology as it progressed, and that it was working with a number of partners to that end.
Speaking at SXSW, he said: “It’s not going to be a good place for those who buy outfits for a game or an experiment. People out there may not buy much, which means that Will be a small economy.
In his speech, he did not address old issues such as the challenge of harassment in virtual reality.
In his opening remarks, he acknowledged that he was talking about future technology at a time when Russia was invading Ukraine.
“We are doing our best to make our services available to the public in these difficult times. I would like to make it clear to everyone that my support is shared with everyone in Ukraine,” he said.
On this occasion, he announced that NFTs will soon be made a part of Instagram by Meta.