The metaverse is back. But let’s not call it the metaverse

When Disney shut down its metaverse division on March 28, 2023, the end of the 50-person division was interpreted as doom for the metaverse, the over-hyped universe of virtual worlds that are all interconnected, like in novels such as Snow Crash and Ready Player One. 

By May 8, Business Insider ran a story with the headline, “RIP Metaverse,” where the memorable line was “the metaverse is dead.” It turns out that this particular interpretation of a business trend gone sideways was wrong, though I wouldn’t say the metaverse is out of the woods yet.Unmute

Read more at: https://venturebeat.com

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