Metaverse Growth Healthy or Problematic for Future Generation

Looking in awe at those jaw-dropping animated avatars flying high in the air made 8-year-old Travis giggle out loud inside the movie theatre. His mother stares at him fascinated as she finds the little boy getting soaked in the technology masterpiece he is eyeing at the moment. This might just be an example, but deep down we all can feel the excitement filling Travis’ heart. Let’s understand more about this.?

A Brief Introduction to Metaverse

Presently, we are in the digital era and the latest asset joining this bandwagon is ‘Metaverse .’ The technology is known to unleash a new setup that revolves around virtual spaces and highly-interactive experiences.?

Getting the much-needed attention towards itself with Mark Zuckerberg changing the name of Facebook to Meta Platforms, Metaverse came with a big boom and continues to grow at the same pace. In Layman's words, Metaverse is a knit of 3-D virtual spaces where people can interact, play games, do business, and develop social connections using their digital ‘Avatars.’?

One cannot lock the potential of Metaverse in a single definition as it goes beyond a closed hoop and includes every way in which we interact with technology. It comprises elements of virtual reality and augmented reality which links the virtual world with the real world.

The Pros of Metaverse

It won’t be an exaggeration to call Metaverse the next-big socio-economic catalyst. This is evident from the wide scale support Metaverse is receiving from the industrial giants like Microsoft, Meta, Alphabet, Apple, etc. Multinational firms have started experimenting with the technology to come up with projects that can help them dive into the pool of opportunities right before their competitors.?

Metaverse is a cluster of digital experiences that come together to offer a systematic yet powerful interface for users. Meta is trying hard to seize a share of Google’s market dominance. The company is working on projects revolving around Metaverse to help gain an edge. Gaming platforms like The Sandbox allow users to enjoy games in a never-seen-before interface. The portal helps players to interact, compete, and earn rewards.??

On the other hand, Decentraland , launched in 2020, opened a new way for people to own real estate. The project came up with a reliable Proof-of-Concept for the metaverse and allowed users to create content, interact, own LANDS, and earn money through investments in digital assets.

The Cons

Metaverse enriches us with a prominent substitute for our real world. It helps us to connect and interact in a virtual world free from human connections. Well, this might sound cool to some, but it is an issue when seen from a broader perspective. We humans are nurtured to stay in a society, grow, and survive together. The mental and physical acuity channelled by experiences of real-life is missing in the virtual world. We can make ourselves accustomed to Metaverse’s virtual space for pleasure but we can never feel satiated to move to this fabricated world completely. The craving for actual experiences will always exist.?

Conclusion

The widescale development in technology helped our society to grow and evolve. It is good to adapt ourselves to technological changes as it helps us to keep pace with the world. Metaverse is a new way to interact, socialize, and earn. It is a resource for those who like to connect behind the veil. However, skipping the real-world experiences and shifting entirely to Metaverse might not be a good option. The users should always try to strike a balance where they can reap the benefits of modern technology and still remain connected with the outside world. Metaverse does not seclude its users from the real space rather it opens a new door of opportunities for them.?