“ENTERPRISE METAVERSE” Innovation and Entrepreneurship


On an earnings call last year Microsoft CEO Satya Nadella said the term “enterprise metaverse.”

By [Avatar] Dr. David Edward Marcinko MBA

DEFINITION: The Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet.

The word “metaverse” is made up of the prefix “meta” (meaning beyond) and the stem “verse” (a back formation from “universe“); the term is typically used to describe the concept of a future iteration of the internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe.

INVITE DR. MARCINKO: https://medicalexecutivepost.com/dr-david-marcinkos-bookings/

Thank You



HEALTH IT: https://www.amazon.com/Dictionary-Health-Information-Technology-Security/dp/0826149952/ref=sr_1_5?ie=UTF8&s=books&qid=1254413315&sr=1-5

19 Responses

  1. The multiverse

    One of the topics S. Hawking tinkered with toward the end of his life was the multiverse theory — the idea that our universe, with its beginning in the Big Bang, is just one of an infinite number of coexisting bubble universes.

    Hawking wasn’t happy with the suggestion, made by some scientists, that any ludicrous situation you can imagine must be happening right now somewhere in that infinite ensemble. So, in his very last paper in 2018, Hawking sought, in his own words, to “try to tame the multiverse.” He proposed a novel mathematical framework that, while not dispensing with the multiverse altogether, rendered it finite rather than infinite.

    But as with any speculation concerning parallel universes, we have no idea if his ideas are right. And it seems unlikely that scientists will be able to test his idea any time soon.

    Dr. David E. Marcinko MBA

    Liked by 1 person

  2. MSFT

    Microsoft CEO Satya Nadella said last week that his company is working on building the “enterprise metaverse.”

    Epic Games announced a $1 billion funding round in April to support its metaverse ambitions, pushing the Fortnite maker’s valuation to nearly $30 billion. And in June, venture capitalist Matthew Ball helped launch an exchange traded fund so people can invest in the metaverse space, including companies like graphics chipmaker Nvidia and gaming platform Roblox.

    Dr. David E. Marcinko MBA

    Liked by 1 person

  3. FB

    Facebook launched a private beta of its “Workrooms” app yesterday, which allows users to attend meetings with their coworkers in a digital shared space by using VR headsets. This is a first glimpse at Mark Zuckerberg’s vision of the “metaverse,” or as he calls it, the “embodied internet.”

    Now, it’s more like “disembodied internet” because the avatars don’t have legs, but when you step foot float into Workrooms, your coworkers’ avatars will join you at a virtual meeting table. Synced-up hand gestures, interactive white boards, and spatial audio help make the experience feel more realistic.

    Workrooms is one part of a larger VR experience called Horizon that Facebook originally planned to launch last year. But because a true “metaverse” in the Wreck-It Ralph sense would involve lots of unique, interconnected experiences (Workrooms being just one), Facebook’s currently working on tools that will allow creators to help build it out.


    Liked by 1 person

  4. More FB

    Yesterday, Facebook announced a new virtual reality conference room app for its Oculus Quest 2 headset. A beta version of the immersive work meetings app, named Horizon Workrooms, is now available for anyone who has the VR headset.

    “We shouldn’t really have to physically be together to feel present or collaborate or brainstorm,” Zuckerberg said in a press briefing, per Axios.

    But…does anyone want this? Twitter reactions would have you believe the answer is a resounding “NO!!” And while things get a little more complicated when looking at other sources, the evidence still points in basically the same direction.

    For example, a June Morning Brew-Harris Poll survey found that US adults have mixed feelings about the idea of using AR/VR at work: 27% said they’re very or somewhat excited, 29% said they’re not very or not at all excited, and 31% said they’re neutral.

    Among those who are neutral or excited about using AR/VR at work, nearly 40% said training is the most exciting application, while just 18% said real-time feedback, and 16% said remote collaboration.

    These responses could reflect general priorities (i.e., workers might simply be more jazzed up about development opportunities than collaboration). And, obviously, training sessions can be meetings too. But the data still suggests that relatively few US adults are jumping for joy at the prospect of metaversifying common meetings, like feedback sessions or group brainstorms, a lá Workrooms.

    “I don’t think that this kind of remote avatar collaboration…is high on people’s list,” Victoria Petrock, principal analyst at Insider Intelligence, told Emerging Tech Brew. “I think people have gotten used to working remotely, and part of the beauty of working remotely is that you don’t have to be constantly on display when collaborating with people.”

    Petrock said more specialized applications of enterprise VR have a better chance of catching on—like training and development, event planning, or even medical professionals using it for certain forms of therapy.

    [MIT Review]

    Liked by 2 people

  5. Silicon Valley has given up on reality – and now they want us all to use their terrible new alternative


  6. Facebook has been vocal about its desire to become a metaverse company.
    Now, it wants us to know it’s doing it…“responsibly.”

    This week, the company announced a $50 million fund dedicated to creating products and services for the metaverse—defined as virtual spaces to connect with others—with inclusivity, safety, and privacy in mind. Think of it as akin to an AI ethics push, but for the metaverse.

    The plan: The XR Programs and Research Fund will aim to invest the money into programs and independent research over the next two years, partnering with organizations like Women in Immersive Tech and Africa No Filter, and funding research at academic institutions like the University of Hong Kong and National University of Singapore.



  7. FB Market Trading
    Meta is giving up its ticker FB and going with MVRS on Dec. 1.



    Dr. David E. Marcinko MBA


  9. Nvidia announced that a version of its “Omniverse” platform is now open to the public—because why worry about the race to build a metaverse when you can simply call it something even more ambitious and skip right past?

    Dr. David E. Marcinko MBA


  10. META Down?

    Mark Zuckerberg’s multi-billion dollar metaverse investment has drawn ire from at least one prominent tech investor.
    Brad Gerstner from Altimeter Capital published an open letter, telling Meta it has “lost the confidence of investors.”
    Gerstner suggested layoffs and limiting the company’s metaverse investment for Meta to regain “focus.”


    Liked by 1 person

    Facebook just warned that its Reality Labs metaverse business will lose even more money in 2023. This year, the company is on track to burn through more than $10 billion on this endeavor. Shares of the company slumped to their lowest level since 2016.

    And, Facebook is not backing away from spending big on building the metaverse, even as Wall Street begs it to cut costs.

    Liked by 1 person

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