What Exactly Is the Metaverse — And Why People Are Talking About It?

It’s either a buzzword or the future of the web, depending on how you see it

If it feels like you have been hearing more chatter about the metaverse, you are not alone. But whether it becomes the future of the internet or just another tech buzzword, like AI or blockchain, remains to be seen.

In the last few months, tech players from Facebook parent Meta to Microsoft have all talked up this virtual world and its potential for their businesses, from commerce to entertainment. Mentions of “metaverse” increased by more than 135% in Q4 2021 earnings calls as Facebook rebranded to Meta last October, according to analytics company GlobalData.

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Antoinette Siu

Media and Tech Reporter • antoinette.siu@thewrap.com • Twitter: @antoinettesiu