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Metavers is poised to become a virtual reincarnation of consumer society in digital format. And ultimately it will solve the limitations of the two-dimensional virtual world. Our screens, even with advanced augmented reality technologies and high-end visual effects, still remain flat. And people only make contact with their eyes. Metavers, however, will add a hand to the movement of the person, perhaps reflecting the body and thoughts. This means that “behavior” will become more natural in this environment.
Technical limitations, on the other hand, reduce current metavers into extremely weak real-world reflections. But, he said, in this age of COVID-19-powered lockdowns, fears and anxieties, people have certainly become more dependent and receptive to remote communications, including the early discovery of metavers. For businesses that are moving fast and beyond the adoption curve, this means excellent opportunities to create new revenue streams.
The big question is whether there will be one global meteorological universe or several? There are many versions of Metavers at the moment and they are all very basic. As such, many formats will fight for supremacy in this new technological revolution. VHS won over Betamax in the 1980’s. Then there were CDs and DVDs and mpeg / mp3. Each time, the format conflict was a battle between rival companies. We want that in smartphones, for example, with iOS and Android. Metavers will not be different.
Facebook’s move towards meta rebrands and metavers is an indication of how big this space will be. But Facebook will definitely not dominate it. Competitors will appear soon. Given that we are in the very early stages of Metavers development, there is an opportunity for telephone companies / telecommunication services (telcos) to reclaim lost opportunities and go deeper into the network side and delivery of Metavers services and recover some of their capital. Invest in 5G. And some are already moving in that direction.
But strictly speaking, 5G and Metavers are not connected in any way. In the age of converged and heterogeneous networks, there is no difference between what point the client is connected to and what transport is used to transfer information from point to point. 5G is one of the fastest growing technologies in the world. And that’s just one element of a comprehensive connectivity solution. Other components include cost reduction of fixed channels, construction of mesh network etc.
That said, we will definitely see the advent of 6G and 10G, as digital advances like Metawors accelerate the transformation of technology formats. The speed at which new technologies will emerge in telecoms, for example, is in response to the growing need for traffic and the growth of data-intensive content, including augmented reality and virtual reality, which is the content of this content, he said. metaverse
But there is also a reverse loop. When infrastructure is improved it makes it possible to develop new ways to use new products and technologies. This extends beyond virtual content; For example, when we were using 3G networks, the idea of developing self-driving cars and roads that facilitated this was not possible.
Today, there is a rift between Metawares’ fame and reality. If we look at today’s technologies and the construction of new infrastructure that will and will create feature-rich metavars that accurately mimic real life, the situation is not particularly promising. There are other factors as well, such as customers being reluctant to pay more for access to data-intensive traffic required for metavers.
In addition, governments do not invest in private companies, so operations such as private telecom are hampered by the fact that capital expenditure on new infrastructure does not provide a quick return on investment. There is very little immediate growth in revenue and telecom companies may have seen it many decades ago, for example, see any significant returns.
Yet Metavers is the next great connectivity and network infrastructure challenge in the evolution of the Internet. In a world where graphics have to be rendered on-screen in direct response to what a person is focusing on through their headset, objects need to move quickly in order of intensity, requiring single or low double-digit millisecond latency. This will require a huge increase in capacity and fundamental changes in how the network is configured, meaning greater industry-wide collaboration between tech companies, mobile network operators, policy makers and everyone.
As we have seen, looking at telecom in general, we are nowhere near this yet – that is why Meta (Facebook) has invested in everything from subscription cables and satellites to autonomous internet-beaming drones. Although we can see Metavers as an application, it is actually infrastructure.
Early day partners
We have seen a meta partner with telecommunications giant Telefónica to build something called the Metavers Innovation Hub in Madrid. The aim is to accelerate network and device readiness through various trial and testing initiatives. Provide local startups and developers access to 5G Laboratories, where they will be able to use Metavers end-to-end testbed on Meta and Telefonica’s network infrastructure and equipment.
That said, many of the companies that could influence Metawors development are not yet there. Telefónica is huge, its pockets are deep and need to invest in the future. Others are making moves too. China Mobile, Verizon and SK Telecom are fast approaching the creation of a platform to integrate the digital world with the real life environment as they look to recover 5G investments, but those are early days.
But it is impossible to recoup 5G investment through traffic fees alone. Consumers are no longer willing to pay for traffic. Moreover, regulators generally do not support an increase in the price of basic services, and Internet access is now a basic requirement. Telco operators definitely need to find new business models and business streams to recoup their investment in 5G. Maybe affiliation with ecommerce companies can help. After all, Facebook, Amazon and eBay no longer pay their customers anything to reach their markets. This may change as virtual reality becomes a new reality.
New income reality
Built-in metavers infrastructure will generate revenue from new business streams. That is, ROI should be a part of revenue not from relocating old infrastructure to a new one, but from creating a new pattern of consumption. A simple example is road construction for self-driving cars in which users pay to travel on the road.
For example, Metavers may have a paid registration in which users sign up for a membership. In this case, the revenue is generated for the investor in the infrastructure, and not for the content owner in the metavars. For example, the fee for guaranteed data speeds at a business conference should also go to the owner of the infrastructure, not to the operator of the communication platform. There are many other examples.
The question for telecoms is whether they will try to regain control over both customers and services accessing the Metawars network. And of course, this depends on how early they are on the market and what basic work they can invest in to help develop the metavers.
Vlad is the founder and CEO of Dobrynin Humans,
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