Metaverse Web 3.0 Virtual, Augmented Reality, The Next Big Change!

There are serious discussions, enormous expectation of the next quantum leap into the Internet through technological advancements in communication. The drastic changes in technology in the last few years brought about a dramatic change to our daily lives that use mobile devices.

Meta Inc. had made an array of acquisitions including Oculus, CTRL Labs, Whatsapp, Instagram, and nearly one hundred more than anyone’s mind could find through Meta’s Crunchbase.

What is the MetaVerse?

“The Metaverse is a term that is used to refer to the digital realm of a virtual environments like online games social media, as well as virtual reality. It’s a mix from the word “meta”, meaning beyond, and the stem “universe”

In VR, augmented real-time (VR), AR, (AR) or just on a screen The metaverse promises to enable a greater overlap of our physical and digital lives , including socialization, wealth and productivity, shopping and even entertainment.

What is The Semantic Web?

Web 3.0 a.k.a The Semantic Web is a variety of technologies that allow you to organize and organize data that you discover on the internet and enable it to be used through software and programs due to metadata systems.

Web 3.0 And The Metaverse Will Mainstream

There’s a scene within the film Sci Fi Thriller Upgrade which shows a group of people who are in an abandoned warehouse connected with VR headphones and IV drips in a row, that are completely immersed with their digital worlds, and completely removed from the real world. The stark images show VR, “addicts”, who are slumbering in an futuristic Opium room where they are in virtual worlds that they created for days, blissfully completely absorbed as well as dependent upon their virtual existence. This is possibly one of the most bleak examples of what could happen in the event that”metaverse” becomes mainstream “metaverse” becomes mainstream–but it could not be too far from the reality.

Prior to Facebook’s rebranding with the name “Meta”–their brand new name that represents the corporation which runs Facebook, Instagram, WhatsApp, Oculus VR, and other platforms–society was already dealing with the adverse consequences that are associated with the amazing innovations that have come that have come from mobile and social media apps. Instagram’s own study recently proved that the platform has been creating body image problems worse for one out of three women currently struggling with their body. This is only the top of an Iceberg. Social media along with the rapid growth of mainstreaming mobile apps and increasing data speeds and accessibility have transformed the web and our digital behavior. To the point that firms like Apple recognize that they also have a crucial role to contribute to the social ills of technology, have created self-regulating tools such as screen time monitors that shows us how long we are using our screens, or warns us if we’re listening to our music on Apple headsets that are too loud over a long period of time. Today’s tech companies, which are poised to carry the world to Web 3.0 and the metaverse in the near future, are working to regulate themselves before being controlled, which is a necessity given the fact that the power of large technology has grown exponentially.

What is Web 3.0 and The Metaverse?

A nagging fact is that no one is able to agree on what the Web 3.0 and metaverse specifically are, because it’s early and is being defined. The decentralized cryptocurrencies that are disrupting the financial system play a part along with the Blockchain technologies on which they’re built. It is the NFT (Non-Fungible Token) economy also has a role to play in it by being directly connected to the crypto world and assigning the ownership of digital assets that can easily be copied however, with the help of the Blockchain, official ownership can be verified. For a useful resource on the market for NFTs, Expensivity has a helpful graphic that examines the whole NFT market and the things to look out for.

The the analyst Jeremiah Owyang describes Web 3.0 as a shift in control to the masses, “the people are in charge of their data, identity, and monetization”. Owyang’s definition describes a large portion of the current developments in a web 3.0 world. For example , influencers that have created huge followings on platforms such as YouTube have also come to be a slave and dependent on these platforms to earn money off of these platforms. Cathy Hackl, an early adopter, and the well-known “Godmother of the metaverse” describes it as various aspects, and in particular, “a shared virtual space where people are represented by digital avatars (think Ready Player One).” Hackl describes the metaverse in a continuously altering condition… “The cyberspace is constantly evolving and growing in response to the decisions made by the people within it. Soon, we’ll be able to access the metaverse completely virtual (i.e. through VR) or even interact with a small portion of it within their physical space using mixed reality and augmented reality.”

That which Owyang and Hackl offer the analysis they provide and their outlook of their respective visions for Web 3.0 and the metaverse are the positive potentialities which are amazing. However, our current digital realities which include the likes of internet addiction, hate speech, political subversion, and even the incitement of violence were also born during the heady years of the “Web 2.0” revolution–something I experience first hand and lived in close proximity to.

Lessons From “Web 2.0”

Similar to Web 3.0 and the metaverse, “Web 2.0” over a decade ago offered an idealistic and egalitarian idea of the internet, where individuals would be empowered and directly connected, and the world would change. It has indeed changed and for the better. We are able to be connected to our families and friends and view their faces, without having to pay huge charges. We’ve found people who share similar interests from all over the world . within the last 15 to 20 years, we’ve witnessed the growth of social networks and the shift of work from email to collaboration platforms and remote work opportunities. In addition, we’ve witnessed several negative aspects that grew out of the web 2.0 revolution. These negative effects have had a major social impact that is affecting us all for the worse.

The spread of misinformation on social media as fast as a wildfire, global criminals have perfected how to stir up discord and our kids are confronted with cyberbullying , and those who aren’t disciplined in relation to screen time can trigger various mental health problems. Some critics of the modern technological advancements call it the biggest tobacco of our times. And what was promises to bring a positive net for humanity also poses dangers and power imbalances we didn’t anticipate. The people who preach about Web 3.0 and the metaverse are advised to examine the early days of the digital revolution, as they were revolutionary, utopian and sometimes even utopian, but this is not the way it turned out. This is the lesson the author is willing to recommend you think about. As someone who personally benefitted from the growth in social media as well as web 2.0 and has studied the genesis of, development and power dynamics currently being played out, I would advise anyone who chooses to overlook the lessons learned from the previous digital revolution.