Hi there, I'm Ed Butler. Welcome to Business Daily from the BBC. Okay, boomers, time to step aside. A new kind of

internet is upon us. People really use it as a way to hang out together, concerts, games, fashion

shows, skate parks. It's just another way to share and connect with people that you care about.

Yep, the Metaverse or Internet 3.0, as some are calling it.

Not just more immersive, it's changing the way that we buy, we trade,

even how we relate to each other, some say.

People expect a more immersive environment.

Scrolling through a 2D website to find new products

is how the older generation interacts with the internet.

The Metaverse is all about creating a much more seamless experience.

All you need to know about the Metaverse,

that's Business Daily from the BBC.

You can kind of think about the metaverse as an embodied internet,

where instead of just viewing content, you were in it and you feel present with other people,

as if you're in other places, having different experiences that you couldn't necessarily do on a 2D app or web page.

That's Facebook founder and CEO Mark Zuckerberg talking to the Verge podcast last month

about what he sees as potentially the future of the internet. It's called the Metaverse.

You know, my hope if we do this well, I think over the next five years or so, we will transition from, you know, people seeing us as primarily being a social media company to being a Metaverse company.

Well, that certainly got everyone's attention. This is Facebook, after all, one of the world's biggest tech giants, a firm that's been mostly in the headlines for other reasons

in the last few days, but let's stick with this subject for now. It is a buzzword that has been

circulating frenzidly across Silicon Valley for a couple of years, but it does remain for most

of us probably meaningless. So in today's show, we're going to try and translate. Basically, the

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