Facebooks Plans To Augment Reality Are As Dystopian As They Are Smart
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Meta defines the metaverse as \"a set of virtual spaces where you can create and explore with other people who aren't in the same physical space as you.\" Though metaverse technology is years away from being fully realized, it is expected to eventually be a place where you can work, play, learn, create, shop, and interact with friends in a virtual, online environment.\"}},{\"@type\": \"Question\",\"name\": \"What Is the Difference Between AR and VR\",\"acceptedAnswer\": {\"@type\": \"Answer\",\"text\": \"Augmented reality involves overlaying visual elements, sound, and other sensory stimuli onto a real-world setting to enhance the user experience. AR can be accessed with a smartphone, and users can control their presence in the real world. In comparison, virtual reality is completely virtual and enhances fictional realities. VR requires a headset device, and users are controlled by the system.\"}},{\"@type\": \"Question\",\"name\": \"Does Meta Own the Metaverse\",\"acceptedAnswer\": {\"@type\": \"Answer\",\"text\": \"The metaverse has no single creator (or definition), so it's not something that Meta owns or is solely responsible for developing. Still, Meta has already invested heavily in the metaverse through its Oculus VR headsets, and it's working on AR glasses and wristband technologies. In September 2021, the company announced a $50 million investment in global research and program partners to ensure that metaverse technology would be developed responsibly.\"}},{\"@type\": \"Question\",\"name\": \"How Do I Invest in the Metaverse\",\"acceptedAnswer\": {\"@type\": \"Answer\",\"text\": \"There are several ways you could invest in the metaverse. You could purchase and invest in cryptocurrency, you could invest in companies working on areas of the metaverse, like Meta and Niantic, or invest in an exchange-traded fund (ETF) that focuses on gaming and technology companies.\"}}]}]}] EducationGeneralDictionaryEconomicsCorporate FinanceRoth IRAStocksMutual FundsETFs401(k)Investing/TradingInvesting EssentialsFundamental AnalysisPortfolio ManagementTrading EssentialsTechnical AnalysisRisk ManagementNewsCompany NewsMarkets NewsCryptocurrency NewsPersonal Finance NewsEconomic NewsGovernment NewsSimulatorYour MoneyPersonal FinanceWealth ManagementBudgeting/SavingBankingCredit CardsHome OwnershipRetirement PlanningTaxesInsuranceReviews & RatingsBest Online BrokersBest Savings AccountsBest Home WarrantiesBest Credit CardsBest Personal LoansBest Student LoansBest Life InsuranceBest Auto InsuranceAdvisorsYour PracticePractice ManagementFinancial Advisor CareersInvestopedia 100Wealth ManagementPortfolio ConstructionFinancial PlanningAcademyPopular CoursesInvesting for BeginnersBecome a Day TraderTrading for BeginnersTechnical AnalysisCourses by TopicAll CoursesTrading CoursesInvesting CoursesFinancial Professional CoursesSubmitTable of ContentsExpandTable of ContentsWhat Is the MetaverseHow Does the Metaverse WorkMeta and the MetaverseSpecial ConsiderationsFAQsInvestingAlternative InvestmentsWhat Does Metaverse Mean and How Does This Virtual World WorkByJean Folger Full BioJean Folger has 15+ years of experience as a financial writer covering real estate, investing, active trading, the economy, and retirement planning. She is the co-founder of PowerZone Trading, a company that has provided programming, consulting, and strategy development services to active traders and investors since 2004.Learn about our editorial policiesUpdated August 05, 2022Reviewed byJeFreda R. Brown Reviewed byJeFreda R. BrownFull Bio LinkedIn Twitter Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of Xaris Financial Enterprises and a course facilitator for Cornell University.Learn about our Financial Review BoardFact checked byVikki Velasquez Fact checked byVikki VelasquezFull Bio LinkedIn Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues and has also revised and edited educational materials for the Greater Richmond area.Learn about our editorial policies What Is the Metaverse The metaverse is a digital reality that combines aspects of social media, online gaming, augmented reality (AR), virtual reality (VR), and cryptocurrencies to allow users to interact virtually. Augmented reality overlays visual elements, sound, and other sensory input onto real-world settings to enhance the user experience. In contrast, virtual reality is entirely virtual and enhances fictional realities. 153554b96e
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