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We are on the fast track to the metaverse

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The digital transition, accelerated by the coronavirus epidemic, is rapidly transforming our lives.  Artificial intelligence-driven solutions are playing more and more prominent roles than ever before.

"Parallel meta-spaces are being created, where people can work and play, augmented (AR) and virtual reality (VR) devices, solutions that can be controlled by eye and hand movements are becoming an everyday reality,

"We are entering a new era. Developments using artificial intelligence will have an impact on virtually every aspect of life.  

But unlike the companies competing for these developments, from the user's point of view, this process will happen as imperceptibly as mobile payments or online communication tools have become part of our lives."

- says Péter Borzák,  CEO of INSPYRE.

Metaverses

Facebook's name change in October this year marks an epochal milestone.

The social media site's parent company's new name, Meta, suggests that by 2021 we will have reached a level of technical prowess that will allow the long-awaited metaverse to begin.

These are systems that we can connect to from anywhere using virtual reality and augmented reality devices, among others, and run errands or have fun in the resulting space.

In this sense, the metaverse concept can be seen as an extension of the internet.

Like its ancestor, the metaverse has enormous economic potential, and there is already a major struggle to exploit it.

Facebook-Meta seems to be leading the way, with Microsoft close on its heels. In addition to the user platform, both companies are aiming to create the first business metaverse to speed up workflows or make them fully automated.

"In 2022, we will most certainly see the first fledgling metaverse, which we will look back on decades from now as we look back on the Commodore 64 from the perspective of PCs today. It's an open question as to which company will be the first to come up with it and who will have the dominant platform." - says Péter Borzák.

Virtual realities controlled by eye, hand, sound

The emergence of meta-realities will of course trigger an explosion in the development of the technologies and peripherals that support their use.

The graphical user interfaces (GUIs) currently used to manage virtual and augmented reality technologies are no longer well suited to the task.

They are increasingly being replaced by natural user interfaces (NUIs). These solutions control the user environment based on eye and hand movements or voice control.

Devices based on these (e.g. VR glasses, motion sensors) have so far only been used in the entertainment industry with varying degrees of success in recent years. As they require very powerful hardware and an internet connection, they are usually expensive and have not yet been widely introduced.

However, as they become more commercially available, companies will outbid each other to equip their employees. The only stumbling block to mass production of smart devices, which are becoming indispensable, is a prolonged shortage of chips.

The clouds are gathering

For the metaverse to run smoothly, the digital infrastructure must evolve in parallel with the control tools.

As 5G and its successors take off in the coming years, satellite-based coverage will become more common.

Internet connectivity will be available almost everywhere, allowing you to connect your home, car or even household appliances to the network and control them remotely.

In the context of the Internet of Things (IoT), devices will communicate continuously with cloud applications, which will use the data to make adjustments for their users.

"It's clear that cloud-based applications have become the dominant technology. By analyzing the incoming data, algorithms can continuously learn and improve services.

As well as making our lives easier, the technology that already exists has many threats.

Keeping the vast amount of personal information generated secure will be a constant challenge for service providers."- says the INSPYRE expert.