There’s no escaping the latest buzzword: the “Metaverse”. Is it the next step for Internet? A virtual universe just like the ones we saw in science fiction? Or just a fancy new way to categorize extended reality technology (XR)? In the midst of all the new emerging technologies, metaverse, which was announced barely one year ago, has entered the Gartner Hype Cycle. In this article, we will help you understand what this term mean, and how it will impact your use of AR and VR.
Just one month ago, we learned that the Chinese internet giant ByteDance, owner of the popular Tik Tok app, would acquire Pico, the third-largest maker of VR headsets globally. This piece of news has created quite a buzz within the XR community as it sets the stage for head-on competition between Facebook / Oculus and ByteDance / Pico, not to mention Microsoft / HoloLens and the much-rumored future launch of an Apple headset. What is the impact for professional users of the foray of Big Tech into XR? Should they rejoice or worry? Are specialized makes doomed to disappear?