Nvidia ( NVDA) CEO Jensen Huang last June said the economy of the metaverse will someday grow larger than that of the physical world.Īn attendee demonstrates the Owo vest, which allows users to feel physical sensations during metaverse experiences such as virtual reality games, including wind, gunfire or punching, at the Consumer Electronics Show (CES) on Januin Las Vegas, Nevada. Some tech leaders have predicted that activities in the metaverse will come to rival - and even exceed - the importance of those experienced in physical reality. "We've got a lot of fish to fry," he says. "So let's make sure you have an environment we live in before we find another environment that keeps us in refrigerated chambers so that we can breathe and eat," he adds. "We need to spend more time on fixing the climate than we need to worry about getting into the metaverse," says Fadell, who now serves as a board member at Dice, an app-based ticket sale platform. Moreover, the metaverse fails to address a clear need for consumers, and likely will not gain wide social acceptance for a long time, Fadell said. In a new interview, former Apple ( AAPL) engineer Tony Fadell - who's credited with inventing the iPod and helping design the iPhone - slammed the metaverse as a distraction from efforts to address existential problems in the physical world like climate change. By now, all the tech giants are investing in the metaverse, Axios reports.īut one top tech figure doesn't believe the hype. ![]() The conference demonstrates the rush of industry momentum behind the metaverse, an immersive online experience across tech platforms that has become a key focus of Facebook ( FB), renamed Meta in October. Aspirational visions of the metaverse peppered discussion at this week's Consumer Electronics Show in Las Vegas, where companies showed off products like a $270 body-tracking suit and an accessory that mimics heat and cold.
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