Is the metaverse dead, or is it just getting started?

EngineeringDisruptive & Emerging TechnologiesAugmented & Virtual Reality (AR/VR)
2.1k views2 Upvotes16 Comments
Senior Director, Defense Programs in Software, 5,001 - 10,000 employees
As a buzzword, it’s on life support.
2
CIO in Education, 501 - 1,000 employees
It never came to life in the first place. Always was a solution looking for a problem. Everyone just sat back waiting for Meta to produce something  worthy of the massive hype and the investment and they  never delivered anything compelling or  useful. Even their own employee's were not interested.  This  so remands me of the 3D  Tv's that were supposed to be the next evolution  of home entertainment.  Meta  burned the equivalent  of a small  country's GDP  before giving up. 
1
Senior IT Manager in Government, 10,001+ employees
The metaverse isn't dead, neither is it alive and thriving in it's current form. I'm sure *something* will come along in the next 5 years that will be dubbed "the metaverse" by those who care about such things. They will then declare victory and move on to whatever's after that. What that something will end up looking like is anyone's guess. 
CIO in Software, 51 - 200 employees
The... what? 😅
Assistant Director IT Auditor in Education, 10,001+ employees
No the Metaverse is not dead, it is just slowed and not progressing as was predicted.

As businesses incorporate virtual reality (VR) and augmented reality (AR) into their services and products, it will help consumers examine products/services within the digital space before deciding whether to purchase or not.
1 1 Reply
CIO in Travel and Hospitality, 2 - 10 employees

It's all about the use case.  Shopping experience is a good one.  Pokemon Go was an entertainment model.  Virtual conferences, like Hopin or vFair are a good use cases that support vendor and peer interactions/networking in a virtual conference.  

What are the other VR/AR experiences it would improve?  What are compelling smart city / mobility use cases?  Social use cases? Decision augmentation use cases?  

This may be worth a new string..

CIO in Energy and Utilities, 11 - 50 employees
Seems to me it never got real momentum, it has never been attractive enough to the regular user, there are many risks involved and no one guarantees confidentiality.
Also, the late crashing of crypto-based currencies and businesses adds up to not feeling comfortable with it.
1
Director of IT in Transportation, 5,001 - 10,000 employees
It's wounded and weakening.
Director of IT in Software, 201 - 500 employees
Its definitely not dead but not thriving again. I think, long term it will become much more useful and used, it just needs time. Seems like the world was not ready for it
Chief Information Technology Officer in IT Services, 201 - 500 employees
I wouldn't dare to say that the metaverse is dead but he is definitely on life support I believe that the arrival in force of artificial intelligence shows that technology is there to support us I have much more confidence in the project and the uses of artificial intelligence technology to help us in our daily lives whether in our personal or professional life or in the reverse metro perhaps for specific needs the metaverse will develop but in people's daily lives I do not believe not. well, this is perhaps the error made by the companies which launched themselves into this field, thinking that our virtual life was going to surpass our real life.
CIO in Education, 1,001 - 5,000 employees
It's interesting how the conversation about metaverse really started diminishing, then almost disappeared as soon as ChatGPT became abuzz. I don't think it's dead, it's likely still very much so in the starting blocks.
2

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