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Metaverse: from sci-fi to a trillion-dollar industry

The Metaverse, a concept once limited to the pages of science fiction novels, is now on the cusp of becoming a trillion-dollar industry. But how did this concept, depicted initially as a virtual world owned and controlled by a centralized entity in dystopian novels like Neuromancer, Snow Crash, and Ready Player Me, transform into a trillion-dollar industry almost overnight? The answer lies in the convergence of advanced technologies such as big data, blockchain, artificial intelligence, crypto, ...
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Introduction to the Metaverse: from sci-fi to a 5-trillion-dollar industry

A recent report by McKinsey indicates that the metaverses economic potential could be up to five trillion dollars by 2030. However, while most people think the metaverse concept only started with Zuckerbergs rebrand, innovators and visionaries have been flirting with the idea since the 80s, first in the minds of cyberpunk novelists (such as Gibson, Vinge, or Stephenson), then in the ones of scientists and philosophers (Gelernter, Chalmers), and, eventually, technocapitalists. However, outside of...
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