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| Name | The metaverse explained in 14 minutes | Matthew Ball |
| Video Uploader | Video From Big Think |
| Upload Date | This Video Uploaded At 26-08-2022 13:00:02 |
| Video Discription | Why should anyone care about the metaverse? Expert Matthew Ball explains what it is, what it isn’t, and why it matters. Subscribe to Big Think on YouTube ► https://www.youtube.com/channel/UCvQECJukTDE2i6aCoMnS-Vg?sub_confirmation=1 Up Next ► Why virtual reality is necessary on a planet of 11 billion https://youtu.be/zooZ5zcjA_c By the end of the decade, the Metaverse could be worth between $6 trillion and $13 trillion. But what is it? The Metaverse is not simply immersive virtual reality or a really cool video game. It's a combination of technologies that allows an unlimited number of users to experience real-time rendered, 3D virtual worlds synchronously and persistently. It is difficult to predict how the Metaverse will evolve, just as it was nearly impossible to predict the emergence of Facebook during the era of Windows 95. The Metaverse will not replace the internet, but will build upon and extend it. Read the video transcript ► https://bigthink.com/series/the-big-think-interview/why-the-metaverse-matters/ --------------------------------------------------------------------------------- Chapters 00:00 - Intro 01:22 - What the Metaverse is not 02:30 - 10-part definition of the Metaverse 02:56 - Part 1: Massively-scaled 03:23 - Part 2: Virtual worlds 03:51 - Part 3: 3D 04:26 - Part 4: Interoperable network 05:41 - Part 5: Real-time rendering 06:14 - Part 6: Synchronous 06:45 - Part 7: Persistent 08:00 - Parts 8 & 9: Unlimited users with individual sense of presence 08:22 - Part 10: Continuity of data 08:55 - Technological eras are bundles 09:17 - 7 subcategories of the Metaverse 09:27 - Subcategory 1: Hardware 09:45 - Subcategory 2: Networking 09:57 - Subcategory 3: Computer powers 10:13 - Subcategory 4: Virtual platforms 10:45 - Subcategory 5: Interoperability standards 11:05 - Subcategory 6: Payment rails 11:18 - Subcategory 7: CAIS 11:46 - 5 stunning Metaverse examples 13:08 - Why do we need to learn about it now? ---------------------------------------------------------------------------------- About Matthew Ball: Matthew Ball is the CEO of Epyllion, a diversified holding company which makes angel investments, provides advisory services, and produces television, films, and video games. Ball is also a Venture Partner at Makers Fund, Senior Advisor to KKR, Senior Advisor to McKinsey & Company, and sits on the board of numerous start-ups. His first book, “The Metaverse and How it Will Revolutionize Everything”, was published in July 2022 and became an instant national and international bestseller. Ball is also an “Occasional Contributor” to The Economist, holds bylines at Bloomberg, The New York Times, the Wall Street Journal, and wrote the August 8, 2022 cover story for Time Magazine. ---------------------------------------------------------------------------------- Read more of our stories on the metaverse: Is a lack of creativity already ruining the metaverse? ► https://bigthink.com/the-future/metaverse-inequality/ Why the metaverse can’t exist without a blockchain ► https://bigthink.com/the-future/metaverse-blockchain/ There are two kinds of Metaverse. Only one will inherit the Earth ► https://bigthink.com/the-future/metaverse-augmented-virtual-reality/ ---------------------------------------------------------------------------------- About Big Think | Smarter Faster™ ► Big Think The leading source of expert-driven, educational content. With thousands of videos, featuring experts ranging from Bill Clinton to Bill Nye, Big Think helps you get smarter, faster by exploring the big ideas and core skills that define knowledge in the 21st century. ► Big Think+ Make your business smarter, faster: https://bigthink.com/plus/ ---------------------------------------------------------------------------------- Want more Big Think? ► Daily editorial features: https://bigthink.com/popular/ ► Get the best of Big Think right to your inbox: https://bigthink.com/st/newsletter ► Facebook: https://bigth.ink/facebook ► Instagram: https://bigth.ink/Instagram ► Twitter: https://bigth.ink/twitter |
| Category | Science & Technology |
| Tags | Education | Educational Videos | Videos | Faster smarter | big think | bigthink | Why the metaverse matters | does the metaverse matter | metaverse | what is the metaverse | should i care about the metaverse | web3 | what is web3 | technology |
