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Exploring the Vision and Challenges of Metaverse: A new Social and Economic Space

Metaverse is a shared space composed of multiple virtual worlds, augmented reality (AR) and the Internet. These spaces are composed of virtual entities (such as characters, objects and scenes), and can be created, modified and exchanged by users . This concept originally originated from Neil Stevenson’s science fiction novel “Crash Snow”. In the book, Metaverse is a virtual reality space created by users.

Philosophy and vision:The idea of ​​Metaverse is to build a seamless, immersive virtual world where users can freely interact, construct and explore. This world is not just a gaming or entertainment platform, but a new social and economic space where users can work, study, shop, socialize, and even create their own virtual products and services.

Technology and hardware architecture:The realization of Metaverse requires the combination of multiple technologies, including virtual reality (VR), augmented reality (AR), 3D modeling, cloud computing, blockchain, artificial intelligence (AI), etc. These technologies can create rich virtual environments and allow users to interact with them in a real-world way. In terms of hardware, high-performance computing equipment (such as computers and servers), VR/AR helmets, sensors and controllers are required.

Why does Metaverse temporarily decline in 2023?

Here are several possible causes:

1. Technical challenges: The establishment of Metaverse requires a lot of technological innovation and development, including virtual reality, augmented reality, 3D modeling, cloud computing, blockchain and artificial intelligence, etc. The development of these technologies may not be mature enough to provide a truly immersive experience.

2. Hardware limitations: Current hardware devices, such as VR headsets and sensors, may not provide enough comfort and high-quality virtual experience.

3. Social and Legal Issues: The development of Metaverse may lead to a series of social and legal issues, including privacy, data security, intellectual property rights, etc. These issues will take time and effort to resolve and may hinder the development of the Metaverse.

4. Economic factors: Building and maintaining the Metaverse requires a lot of money. If investors are skeptical about its prospects, or if the economic environment is not favorable, it may affect the inflow of funds.

5. user acceptance: While the Metaverse concept is appealing, it can lead to a decline in user numbers if users find it difficult to use or don’t see its value.

6. Competition: There may be other technologies or platforms that provide similar functions and are easier to use or more attractive to users, which may also lead to the temporary decline of Metaverse.

Review Editor: Jocelyn

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The first draft of this article was compiled using AI for INSIDE.

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