On 29 October, Facebook CEO Mark Zuckerburg announced the company’s name change to Meta, and released a rousing video, pushing talk of the metaverse — this year’s hottest internet topic — to a new high. And right now, there are two opposing views about investments in the metaverse. One side feels that the metaverse is a bubble and the day is still far distant when it becomes reality; the other side feels that the metaverse is the next phase of the internet, that it is the future. I can share that the industry consensus is that the metaverse might be an upgraded version of the internet in about ten years, but at the moment, the hype about the metaverse in the investment and technology sectors is more of a bubble.
Metaverse: A bubble that could soon burst?, Technology News – ThinkChina
