Online Class Notes (Tibo)

The big giants they think the metaverse is the next gen of internet and suddenly they want to be leaders in the future.
They want to keep/maintain their market shares.

The giants are rich, they can burn money. They can invest money even the business model today is not so mature / profitable but they can invest now for some fundamental infrastructures like the headset and the protocols.

They want to dominate the metaverse ecosystem.
as Facebook has launched his own vision / ambition on how to develop the metaverse business. That encouraged other big companies to follow it’s steps.

People mentioned Apple / Google but it should not be Microsoft for many people -> They don’t think Microsoft was prepared for the metaverse -> they didn’t expect M to be working on it

The 2 companies will have enough opportunities to develop their own business in the metaverse.
I think the metaverse will not be owned by only 1 or 2 companies

It is a concept like the internet.
The internet is not limited to Facebook.

All the internet companies will move their business to the metaverse and find their market position there.
They will achieve success there.
It will not only change the gaming companies but also industries like manufacturing and business interaction and the car industry.

the most important part of the metaverse is hardware and other basic software like infrastructures.
Like the headset operation system and app stores.

which means who can dominate those parts will play a leading role in the future.
All the internet giants like facebook / google /apple / microsoft / Amazon have opportunities but at least facebook and google are leading right now.
Apple is trying to launch it’s headset next year. / it is an open secret that apple is working on a headset

I think Tencent is the most likely to adopt a leading role
It has the biggest social app and the biggest gaming business.
It can easily find ways to move it’s business to the metaverse.
It also cooperates with metaverse companies.

in the first stage it will be difficult for developers but after it will be easy because big companies will offer more tools.
They will ease the developing process.
They will also offer training.

the business model will be the same as the internet.
The main business models is paid by advertisers.
That will not change but companies should be creative and create interesting or useful metaverse app or games to attract people to play and pay.

he thinks it is the next generation of internet and I can’t agree more with this viewpoint. / he considers it as the future of the internet / the successor to the internet

they should focus on it but be cautious when investing.

More than 90% of the start ups will disappear in 5 years.  / most start ups will fail.
The total basic infrastructures are not mature.
5G is not popular and nor is the VR headset.

graphics need computing abilities so it really is a problem. You need better servers. / the servers power is a bottleneck
It is interesting that there will be several steps to create a real metaverse world.
The first step is modeling the real world and putting it on a game world even the model is rough.
it has a big database.
Modeling will bring a lot of interest to users. Maybe people don’t care about the graphics.

The second step is to improve the graphics

The third step is to create interactions like an economy

Vocabulary

open secret (n) something secret but that a lot of people know about.
It us an open secret that apple will launch something.

Pronunciation

graphic

protocol