I can understand the translatable value of an Architect's real world skills into the Metaverse. What I can't understand is why people are assuming that the value of a limited resource like prime real estate, will translate over to the value of virtual property. It's the internet....The real estate is unlimited. However, I guess what you're paying for is actually the point of congregation, and assuming that Facebook is going to have the best virtual city. Idk why though.

My issue is that yes you have unlimited freedom in building in the metaverse but it still has no application to the real world if you’re ignoring real world laws. What’s the point then other then to make quick money off virtual reality

​@@supercadet111 The same way video games have done it. If it's comfortable to be or explore in, then it will grow in value. Unlimited real estate is a bit of a meme term too. There will always be server size limits, performance optimizations, co-op benefits and more. Bad levels don't get traction. Bad metaverse estates won't either.

The biggest dislike I have over it is that this isn't new. What's new is that it's now big-tech corporate-based and costs millions. Essentially ALL other AR and VR worlds have existed for decades, and the new corporatism and money all around it is just... Gross. Everyone calls it a "new world" and "new idea", but it's not at all new -- the only new part is the domination of corporations in it. Heck, even Minecraft is a "metaverse" and everything in this video could be done in there too... minus the millions of dollars spent on a virtual world with literally infinite space and teleportation capability.

Metaverse TLDR: clueless corporations attempting to turn 3D spaces into content and service delivery platforms. It was dumb in the 90's, and it is dumb now. The thing that is really, REALLY important to understand about Metaverse, is that is discards all of the lessons that developers of virtual worlds have learned over the past few decades. Absolutely nothing about it is new, and those of us who've been around virtual spaces are shaking our heads as past mistakes are repeated with bigger budgets and more fanciful PR animations. Like we're used to from techbros, they don't actually understand virtual worlds as much as they like to pretend, because they don't understand what people like them for, and equally what they *don't* like them for. People like virtual worlds when they are a mix of socializing and expressing your creative side. What this means is that it attracts a crowd of people who enjoy making their own things and showing them off. It attracts people who, for some reason or another, lack functional community spaces in the real world. And it attracts people who want to engage in virtual relationships to break the boundaries of distance. What virtual worlds don't do well AT ALL is everything else that these clueless techbros try to pile on top of it. And the reason for that is pretty damn simple: every other usecase has too many hoops to jump through just to get an experience that is already solved by far simpler products, and they lack the social dimension that make virtual worlds worth participating in. Digital museums? It's called Wikipedia. Education? Skillshare and a plethora of others have that covered. Documentaries and filmmaking? How many streaming services are we at yet? Anything business related? Online shopping already has it nailed. Critically, non of these usecases have monetization schemes or special advantages that are somehow helped or created by being in a 3D space with a virtual avatar. If anything, they just cost money and make for an inferior, frustrating user experience compared to a normal website. It's been done, and it's been a massive flop each and every time some doe-eyed executive attempted it. Virtual worlds are social and creative outlets, not content platforms. If the 'Metaverse' sticks at all, expect it to resemble something more akin to Second Life, and for all of these "virtual urbanism design firms" to quietly go out of business in just a few years time when Facebook et al. finally get the message that there's no solid usecase and subsequently stop subsidizing the whole thing altogether.

1. It has value. 2. The server your house is apart might be of interest. 3. It might be a closed server, where all the employees can engage in private. 4. You can live a second life 5. Long distance relationship can disappear entirely. 6. And so on.

@@thomasnielsen5580 i PROMISE you, the metaverse wont fix long term relationships for the next 100 years. Just seeing someone in virtual reality doesnt make the relationship satisfying.

@@oranges557 You mist be kidding. It will be fixed partially in 10 years and completed in about 20-30 years.

Right!! I was just thinking how much better everything in the sims 4 looks lmao

The two aren’t diametrically opposed. People more and more are seeking polarity and are confused by how complicated such a notion is, but gaming graphics and power have WIDE applications. In short, you are not wrong. This is just the beginning. The VR devices are attempting to catch up and as chips become smaller and stronger the graphics will be better. Think how the ships docked on the matrix or the ether on genlock.

exactly, virtual game worlds and simulations have LOTS of benefits the metaverse and NFT aspects though are just a huge fucking scam

@@shayan_idk as a lawyer I’d heavily disagree. Both have applications greater than your individual use today. Like every other innovation it deserves to be explored.

@@brianholloway6205 alright then name one good application of it

Ngl I wouldn't feel any more comfortable with Activision Blizzard doing metaverse than Facebook

Some indi game studius should do it for fun? I think you hugly underestimate the associated cost with developing such a monstrosity. If someone has to spend billions upon billions to get this even started, there is no room for fun and games.

@@bocbinsgames6745 i disagree id honestly trust the worst game studios over any social media platform right now

Facebook is abhorrent but all big game publishers/developers are horrible as well. Realistically, any company with the money to make this a reality is also the type of company that shouldn't be trusted to do it.

@@bocbinsgames6745 What about Roblox? At least they're not as TOO corporate as Facebook and Meta is.

what type of engineering do you do? civil or computer ? i’m gonna guess computer in which case follow up is there a civil demand for meta studios? no need for physics right ?

Where i can get job in meta studio?

Would that be a real job or a meta job paid with meta money?

What were the companies doing? What did they need an engineer for, what lines of work?

Meta is hiring lots of engineers. Hardware and software. And as human beings, they should boycott Meta regardless of salary package.

Second Life is still bustling with people. So idk about your last statement being accurate. I rather see the creators of the more realistic portions second life make the metaverse than this .. Tbh

you do realize that people are still making tons of money out of SL.

@@nyx4853 did say Nike make good on their investment there?

I could see it being sold with the idea that the closer the plot of 'land' is to the servers you want to use = less loading time and such the 'plots' that will load faster would be worth more. But ya Minecraft has shown that you have almost have too much digital 'land' lol

@@ambeegaming76 it's an interesting thought, but technically that isn't how servers work. Additionally, closer is relative to where you live, so there is no one place that would be of higher value, given more users in the area would require more servers regardless and latency would only push people away from the platform.

@Tamiasciurus i dont think that meta wants to get into virtual real estate, i could be wrong. i think there initial vision is that everyone has a homebase, its not fixed in some virtual map. doing real estate would be a terrible move on them as a company. because right now the tech is at a point where its only speculation. the real magic comes in when people can travel between different companies' virtual worlds. thats in the works. i made a video about this if you want to check it out.

Isn't that like what _Ready Player One/Ready Player Two_ is about? Because it kinda seems like it to me!

The moment you realise that "The Metaverse" isn't a "thing" or a "place", but rather a moment in time in future when people spend >50% of their time in a virtual reality, rather than the real world. We're not far off as it is.

I mean... people already spend hours and hours out of their days looking at screens haha. Even the boomers who complain about kids being on the internet all day play Candy Crush and watch TV for hours.

@@oliviaw.2842 this is exactly my parents lol

You mean until Facebook collapses and is just a memory.... like MySpace.

That’s obviously not going to happen.

@@IpSyCo it's happening already. You know anyone from the younger generation that actually used Facebook? Yeah we use Instagram which is owned by Meta but that too will pass

@@JL1 Everyone from my high school class still uses FB. We graduated in 19.

@@IpSyCo Are you from America? because absolutely nobody in my past 2 colleges and highschool uses it

Yeah if I am going to put in the time to create assets that will last I feel safer creating for games like Second Life before I would consider Meta, the work is already there.

the metaverse isnt a new idea. it goes back before neal stephenson's snow crash. its going to happen, and its alluring not because of all this speculation and money being thrown around, but for what it can do to advance humans towards more innovative creations. i made a vid about this that i would love if you checked out! let me know what you think!

the whole space is filled with asset flippers who are too lazy to design high quality models & environments. until people with experience really see it as an opportunity, we're not gonna see what this concept is truly capable of

Probably bc they didn't standardize the device yet, like what the requirements to run such a heavy graphic, or they not yet put enough money to hire big budget studio, another reason is it's facebook is always suckk

@@cobaltblue2756 that’s a good point. I think you’ll like my video then (over at my channel) I go over what’s needed for the metaverse and it’s history!

@@mattblack6736 Nah, digital scarcity is entirely a choice made by people who want to make money. Simple as that.

@@mattblack6736 one of the primary benefits of the internet as it was conceived, and as it operates largely to this very day - is that digital scarcity does not exist. There’s not a limited number of times a video can be viewed, a limited number of times an article can be read, or a limited number of times a game can be downloaded. Creating that scarcity serves *only* to drive up prices and make more profit, overwhelmingly for companies that already make more than enough. If you don’t disagree with digital scarcity, then fundamentally you are against the open internet as it has always been, and would change it in the pursuit of profit. That to me, makes you an idiot.

@@mattblack6736 Imagine that someone creates a digital item. It is unique and is kept unique by an NFT. Someone then comes along and makes an exact replica of it except for the NFT. What was the value of the NFT? Only by enforcing digital scarity, does it have any real value. So we have a digital world that plans to enforce digital scarcity as a huge part of its business model. Interesting and definitely hinting at bad business practices to come. What they are trying to sell is a giant open world game full of mini games and experiences. Except that much of the content is paid for at the start and expensive, so everyone is looking to make their money back. So what we will get is a world full of stuff to buy and adverts. The idea could be great, but not if they try to make big profits. If they can be patient and enforce quality content, make it free to use and try to make their money on VR headset sales instead of on the platform, it could be great. I am not that optimistic at this point as they are already trying to make a profit from selling digital plots of land when there is no reason for those plots to hold value except for selling an idea of what the future could be. They are preordering games.

@@piraterubberduck6056 There are games like EVE online and others with digital assets worth a lot of money due to in game reasons. The value of Metaverse things seems to be built on hype, although there will be some value in digital advertising space. The popular worlds in VR chat for example have developed organically, and not by a multi-million architecture firms, no matter how much money they throw at it. The next Notch will probably be some guy in his basement making a world in Blender that gets popular and goes viral for some random reason. AM is somewhat doing the same thing with physical objects. The nerd shall inherit the earth.

Zucc knows how to sell shit

SL was great - as long as there was a lot of freedom there, around 2004 or so. But nowadays (last time I was there about 2 years ago) it was just boring and dull.

you can’t tell if it gets boring if it’s not finished yet, at some point it might get so realistic that we can’t tell the difference between real and not

when its photo realistic you will see a huge difference

agreed-- which is why the metaverse is going to be really beneficial in mixed reality, not full immersive VR or flat 2d (like second life, and its predecessors, like worldschat or active worlds). i made a vid about this, you might enjoy it as a secondlife citizen!

I played AlphaWorld in the 90s even before SecondLife was even a thing. Presenting 25 year old ideas as a novelty is a thing. And in the early 90s there already had been primitive VR systems. The 1992 movie The Lawnmower Man was inspired by it.

basically, you'll have more tools, colours, and shapes to work with in the metaverse, personally I think its a super cool idea, but try not to get caught up in the metaverse hypetrain, its an over-ambitious solution looking for a problem, (ofc it still has applications and this is one of them)

@@euanwarkentin7204 you can have a modded server ;) or have a bunch of them.. I guess a metaverse using Minecraft servers is very much possible it might already exist.. There are enough servers out there..

yup. haha..

And I'm only 24

Agree 100% with this

Could not have said it better myself

you lost me on "ponzi scheme that crypto is". Just a close minded delusional person here folks.

@@abhayagarwal5097 I bet you spent $100 on meme coins and now spend your time telling everyone crypto is the future 😴

A solution looking for a problem. Best description I've heard.

You should talk with people who studied at the economic university of vienna, which was designed by Zara Hadid. And even more with the people who have to take care about the building itself. (Falling down building elements and so on ...)

@@markus.kaufmann • Do you think that those issues were due to design or poor construction?

def want to hear what you think of my latest video! you are one of the og virtual entrepreneurs!

Can't make it up. Well, I guess you can.😂

Hope to be proven wrong by Meta

Thanks 🙌