Building the Metaverse and the Future of the Internet

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The Wall Street Journal

Technology

4.4 • 1.4K Ratings

🗓️ 24 June 2022

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

For decades, a virtual reality version of the internet has been a staple of science fiction. The metaverse is the latest iteration and it has the potential to become something more than a new gaming platform. But years before Facebook changed its name to Meta and launched huge investments into the space, Philip Rosedale was experiment ing with many of these same ideas in the virtual world he helped create: Second Life. In a conversation with Wall Street Journal reporter Christopher Mims during the WSJ Future of Everything Festival, Rosedale shared his vision for a metaverse where data privacy is more important than advertising, and our online and offline lives intersect in a healthier way. Further reading: From the Wall Street Journal: Meta-morphosis or More Pain? Possible Futures for Facebook’s Parent Company | Christopher Mims Second Life Founder Returns to Take On the Metaverse | Meghan Bobrowsky The Facebook Files | WSJ Investigations How TikTok's Algorithm Figures Out Your Deepest Desires | WSJ Investigations Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	As a City National client, you get a dedicated team of banking professionals working alongside
0:06.5	you.
0:07.5	From a relationship manager who works with you on everyday business needs to a business
0:11.4	banker who drives your goals into the future, come in to meet your team at City National
0:16.3	Bank.
0:17.3	See what personal can do for you at CNB.com.
0:28.0	During a Facebook conference in October 2021, company founder Mark Zuckerberg laid out
0:32.8	his vision for the next phase of the internet.
0:36.1	We've gone from desktop to web to phones, from text to photos to video, but this isn't
0:42.2	the end of the line.
0:43.8	The next platform and medium will be even more immersive and embodied internet where
0:48.8	you're in the experience, not just looking at it.
0:52.0	And in doing so, introduced many to the Metaverse.
0:55.7	And we call this the Metaverse.
0:58.4	The Metaverse.
0:59.4	The Metaverse.
1:00.4	It's called the Metaverse.
1:01.4	The Metaverse.
1:02.4	The Metaverse.
1:03.4	The Metaverse.
1:04.4	What actually is?
1:05.4	The Metaverse.
	...

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