The author identifies five key factors to consider before passing judgment on Meta's still-developing idea of the Metaverse. These include the diversity of companies offering components for a virtual world, the lack of a killer application, skepticism towards a single platform, the need to avoid hubris, and the power of AI. The article concludes by advising visionary CEOs and leaders to be humble, convey a compelling vision, and ensure there are clear and believable landing zones for their ideas.
Key takeaways:
- Many companies are offering components for a virtual world, and Meta's challenge is to create a user-friendly and compelling on-ramp to its vision of the metaverse.
- The Metaverse, as defined by Meta, lacks a clearly visible and understandable killer application, and the lack of a clear landing zone is a significant shortcoming.
- Life is not a single-platform experience, and a one-size-fits-all approach is seldom realistic or desirable, which is a point of skepticism for Meta's single platform vision.
- Meta's vision must avoid appearing self-serving or selfish, and it needs to foster an ecosystem and inspire engagement from others to avoid the perception of hubris.