Metaverse Explained In One Video | STEM Tell

Metaverse” is currently a major buzzword in the world of tech, business, and finance, and like all buzzwords its definition is fuzzy, contested, and shaped by the ambitions of the people using it.

Here’s one thing we can say for sure: The term was coined by Neal Stephenson in his 1992 novel Snow Crash to describe a virtual world in wide use in his imagined future, a 21st-century dystopia. In Snow Crash, the metaverse is a virtual-reality world depicted as a planet-encircling market where virtual real estate can be bought and sold, and where VR goggle-wearing users inhabit 3D avatars whose form they have the freedom to choose

Mark Zuckerberg, the owner of Meta (formerly known as Facebook) estimates it could take five to 10 years before the key features of the metaverse become mainstream. But the metaverse is growing aggressively.

You can see ultra-fast broadband speeds, virtual reality headsets, and persistent always-on online worlds are already up and running, even though they may not be accessible to all.

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