Being “outgrown” by the Metaverse andor lacking a major role. Not only will the Metaverse grow the pie too much, but big shifts tend to break down when they’re hard to see and incumbents are slow to react or capital constrained. None of this is true today which doesn’t mean market share won’t shift, or that some companies, like Epic, won’t surge to the front.
Meanwhile, China’s forked metaverse is likely to be even more different taiwan mobile database and centrally controlled than the West’s. Here, tech conglomerate Tencent which also publishes most Western games released in China, as well as games from Japanese Nintendo and Square Enix is an obvious pillar. The company also reportedly owns a 40% stake in Epic Games.
Last words
The vision, technologies, and capabilities I described above still feel like science fiction—even if they become reality, they are still decades away. In the meantime, many of the pieces are starting to come together. So the question is about who, why, and the end. It’s helpful, then, to go back to the lengthy creation of the World Wide Web. Imagine if it wasn’t designed by nonprofits and technologists who wanted to share research documents and news, but instead was designed to sell ads or collect user data for profit.