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Posted on Mar 30, 2023Read on Mirror.xyz

Meta reaffirms metaverse status: still the future of computing, but it will take time

Nick Clegg, vice president of global affairs at Meta, reiterated that he will continue to develop the Metaverse, the future of computing that will take place in this virtual world that is still not fully defined. While the Metaverse app experience today isn't smooth enough, he promises that it will eventually be replaced by a more convenient experience that not only uses a lightweight device but also has legs for an avatar. "We're going to stick with this technology because we really think the early evidence is that this type of technology is going to be at the heart of future computing platforms," ​​Clegg said. "But it will take time."

In addition, Clegg said that there are two main ways that Meta can monetize its investment in Metaverse: advertising and e-commerce. He also emphasized that the company is committed to involving researchers, civic organizations, and other companies in the development of the Metaverse.