The China Mail - Meta working to speed up metaverse, but success far from certain

USD -
AED 3.6725
AFN 64.999987
ALL 81.855804
AMD 362.209727
ANG 1.790365
AOA 918.000394
ARS 1516.754699
AUD 1.436183
AWG 1.8
AZN 1.706428
BAM 1.75007
BBD 2.014862
BDT 123.150572
BGN 1.683441
BHD 0.377597
BIF 2993.213105
BMD 1
BND 1.281167
BOB 11.849764
BRL 4.987705
BSD 1.000362
BTN 95.757408
BWP 13.762835
BYN 3.017158
BYR 19600
BZD 2.011999
CAD 1.427405
CDF 2310.000166
CHF 0.834365
CLF 0.024821
CLP 976.8698
CNY 6.69215
CNH 6.69476
COP 3195.01
CRC 455.621222
CUC 1
CUP 24.010451
CVE 98.666285
CZK 21.811295
DJF 178.147832
DKK 6.68959
DOP 60.747601
DZD 134.620994
EGP 52.549499
ERN 15
ETB 163.410241
EUR 0.8949
FJD 2.24725
FKP 0.755381
GBP 0.756565
GEL 2.590295
GGP 0.755381
GHS 11.764759
GIP 0.755381
GMD 73.49673
GNF 8801.199025
GTQ 7.647672
GYD 209.197346
HKD 7.847505
HNL 26.853679
HRK 6.743498
HTG 131.006868
HUF 326.543502
IDR 17954
ILS 3.07312
IMP 0.755381
INR 95.58405
IQD 1516.587254
IRR 1779470.000332
ISK 121.889928
JEP 0.755381
JMD 159.428395
JOD 0.708984
JPY 158.682991
KES 129.739865
KGS 87.449623
KHR 4061.472384
KMF 439.99962
KPW 900.000318
KRW 1334.734994
KWD 0.31141
KYD 0.83368
KZT 450.673097
LAK 22494.642322
LBP 89587.097063
LKR 331.142539
LRD 170.576208
LSL 16.549941
LTL 2.95274
LVL 0.60489
LYD 6.428319
MAD 9.679166
MDL 17.917366
MGA 4512.529585
MKD 55.100461
MMK 2100.025299
MNT 3596.153429
MOP 8.086399
MRU 40.212066
MUR 47.529819
MVR 15.449956
MWK 1734.769206
MXN 18.252485
MYR 4.085198
MZN 63.909808
NAD 16.549941
NGN 1331.160064
NIO 36.811188
NOK 9.568365
NPR 153.214773
NZD 1.78806
OMR 0.384493
PAB 1.00038
PEN 3.44445
PGK 4.471368
PHP 62.77702
PKR 276.99451
PLN 3.92337
PYG 5690.893229
QAR 3.657001
RON 4.773196
RSD 105.079851
RUB 83.923092
RWF 1475.068787
SAR 3.75677
SBD 8.078071
SCR 13.841397
SDG 601.508119
SEK 10.023004
SGD 1.280705
SHP 0.755572
SLE 24.67009
SLL 20969.491881
SOS 571.773706
SRD 37.666966
STD 20697.981008
STN 21.922074
SVC 8.753932
SYP 13002.000254
SZL 16.544455
THB 33.610501
TJS 9.218882
TMT 3.51
TND 2.992694
TOP 2.40776
TRY 49.327335
TTD 6.803001
TWD 31.947012
TZS 2640.002956
UAH 45.034652
UGX 4132.087205
UYU 40.23891
UZS 11905.241259
VES 875.701602
VND 25937
VUV 119.754657
WST 2.785507
XAF 587.016029
XAG 0.016563
XAU 0.0002399952
XCD 2.70255
XCG 1.802979
XDR 0.707052
XOF 587.016029
XPF 106.711286
YER 236.201001
ZAR 16.544785
ZMK 9001.22774
ZMW 19.858175
ZWL 321.999592
SSP 5757.531856
MXV 2.061375
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Meta working to speed up metaverse, but success far from certain
Meta working to speed up metaverse, but success far from certain / Photo: © Meta Connect/AFP

Meta working to speed up metaverse, but success far from certain

A year after rebranding itself from Facebook into Meta, the social network titan is striving to make the metaverse a routine part of daily life, offering users new features and promoting new virtual reality gear.

Text size:

But analysts say the company has toned down the hype a bit as it struggles to reach its goal of creating an interactive virtual world that it sees as the next phase of online activity.

The biggest announcement from this week's Meta Connect event -- the company's giant's annual conference focused on virtual reality -- was the launch of the much anticipated Meta Quest Pro VR headset, targeted at professionals in creative fields.

But there were also legs -- as in, legs for user avatars in Meta's Horizon World virtual realm, as well as facial expressions.

Is this the future? The company says yes.

"The metaverse is going to sneak up on us," Meta Reality Labs vice president Mark Rabkin predicted.

"I think it's going to feel really far away and then there'll be certain pockets and niches that are suddenly really useful -- and then we'll realize that the gaps... are getting smaller, and suddenly it's here."

For Rabkin, executives can save time and money by meeting in the metaverse, and artists can embrace virtual venues for concerts, comedy shows and other entertainment.

Bridges, skyscrapers, footwear and more could be designed in 3-D using digital tools in the metaverse.

"We're building things that power the metaverse and will be part of the metaverse," Rabkin said.

"We are investing heavily to pull the future forward a little bit."

- Smiles and nods -

A year ago, Facebook renamed itself Meta to signal its devotion to a metaverse future.

In a small step on that path, the $1,500 Quest Pro headset -- aimed at architects, engineers and designers, among others -- boasts new features that are meant to improve users' perception of actually being in the presence of others.

"The moment that they begin to break into a smile or when they raise their eyebrow... your avatar should be able to express all of that and more," Meta chief Mark Zuckerberg said at Meta Connect.

The company said it is partnering with Microsoft, Adobe, Accenture and others to sync up popular work software with virtual worlds using Quest Pro.

"At Microsoft, we're incredibly excited about the metaverse and how digital and physical worlds are coming together," Microsoft CEO Satya Nadella said during the presentation.

Microsoft is "really leaning in" to make its widely-used productivity software, as well as tools built for its own HoloLens augmented reality headset, compatible with Quest Pro, according to Rabkin.

Zuckerberg stressed that Meta wants its VR platform to dovetail with offerings from other companies.

"Not only will our stuff run on a variety of devices, including not our own, but there will inevitably be multiple universes joined together in a variety of ways," Rabkin explained.

Technical advances built into Quest Pro are expected to eventually be incorporated into lower-priced headsets destined for average consumers.

- Handling the hype -

Zuckerberg was quoted by tech news website The Verge as saying he didn't expect the metaverse to make the company a meaningful amount of money for years, setting up a "trough of disillusionment."

For Creative Strategies analyst Carolina Milanesi, Meta has de-emphasized the hype of the metaverse in favor of talking more about the nuts and bolts of how it will work.

"I'm assuming it's because they figured out how hard it is to actually make this stuff in terms of actually creating that world," Milanesi told AFP.

Companies are investing billions of dollars in building blocks of the metaverse, with Meta leading the pack, VRDirect managing director Rolf Illenberger told AFP.

Microsoft, Sony, and HTC are among the players, and Apple is rumored to be planning to release its own virtual reality headset.

"On the one hand, Mark Zuckerberg needs to be acknowledged as a hero, as a visionary because he's pushing the industry like no one else," Illenberger said.

"But on the other hand, his bad reputation also kind of, to some extent, puts blame on the metaverse as a technology."

Critics have said rebranding Facebook as Meta was a move to distance the tech firm from scandals including a whistleblower who said it valued profit over user safety.

E.Choi--ThChM