In 10 years you won't go to meetings – you'll
digitally teleport to them.
Meta Founder, Mark Zuckerberg (March 2021)
Noting that the metaverse will not be built overnight by a
single company, Meta said that many of the products to be designed
for Meta's concept will only be fully realized within the next
10-15 years. But Meta founder Mark Zuckerberg is promising to spend
$10 billion a year on the metaverse over the next ten years as
other major tech groups chase after him. He claims that in that
time, the metaverse will reach one billion people, hosting hundreds
of billions of dollars in digital commerce.
In January, Microsoft acquired gaming company Activision,
considered one of the world's largest developers and publishers
of video games, in a $75 billion deal to provide the building
blocks for the metaverse. Microsoft's CEO Satya Nadella said
that we will soon be sitting at a conference room table, either
with our avatars or our holograms. But how do we adapt