Metaverse: Evolution, Then Revolution
<p>New digital technologies are very often the subject of hyperbole and overstatements. But the next generation of the Internet, widely known as the metaverse, is already under way and is poised to become revolutionary for businesses and consumers alike. The revolution, however, will gradually unfold.</p>
<p>That was the conclusion shared at a recent MIT Initiative on the Digital Economy (IDE) seminar, led by Raghav Narsalay, Managing Director, Accenture Research and Accenture Research Lead for the Metaverse Continuum Business Group of Accenture, and Shruti Shalini, Research Lead, from Accenture Research — a founding partner of the IDE.</p>
<p>With business opportunities in sight, Accenture has created a <a href="https://www.accenture.com/us-en/services/metaverse-index" rel="noopener ugc nofollow" target="_blank">dedicated Metaverse</a> practice to study the promise and tangible value of metaverse and Web3 technologies for consumers, enterprises and industrial applications.</p>
<p>At the IDE <a href="https://ide.mit.edu/events/2022-conference-on-digital-experimentation-mit-codemit/" rel="noopener ugc nofollow" target="_blank">seminar</a>, Narsalay described the metaverse as an “expanding continuum of digitally enhanced worlds, realities, and business models in two- and three-dimensional formats.” It will be “powered gradually by the maturing combination of cloud, AI, extended realities, blockchains, and more,” he said.</p>
<p><a href="https://medium.com/mit-initiative-on-the-digital-economy/metaverse-evolution-then-revolution-c0e933346ddf"><strong>Read More</strong></a></p>