Silicon Sojourn

Cancelled

Social media revolutionised the way in which we congregate and communicate. Initially, it was a free-for-all. The major American and Chinese tech platforms, which contain most of the world’s social media users, allowed complete freedom of expression. As the obsolescence of television and printed news became clear, governments on both sides of the ideological spectrum woke up to the “danger” of social media. The ways in which big tech social media platforms were brought to heel illustrates the respective “-ism” a particular government practices.

Open Sesame

Humans will spend the majority of their time inside the metaverse only when the hardware powers a rich virtual experience. We are not there yet. The cost to develop the perfect experiential apparatus for traversing the metaverse will run in the billions and be borne by a few large tech companies. The best hardware will power closed systems exclusively at first. It is not in the interest of big tech to spend shareholder money on developing kick-ass hardware and then open source it for the world.

The Logical Outcome is Metaverse

Many of us cannot imagine a world where the majority of our waking hours are spent inside a virtual world. Would visiting aliens be perplexed by a race of sentient beings sat in contraptions to illuminate a virtual world, rather than physically interacting with one another? Maybe, but if said aliens spent time studying the civilisation arc of humanity, they would discover that the last 50 years are the exception and not the rule.

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Arthur Hayes

Arthur Hayes

Co-Founder of 100x. Trading and crypto enthusiast. Focused on helping spread financial literacy and educate investors.