Metaverse Still a Few Years Away, Says Zuckerberg

Daniel Attoe
Daniel Attoe

Updated · Mar 16, 2022

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The Meta Platforms CEO gave some insights into the metaverse during an appearance at SXSW 2022.

Not Far Off

Facebook is still “a few years off” a functional metaverse, according to its founder and chief executive, Mark Zuckerberg. He explained this on Tuesday during the South by Southwest (SXSW) conference in Austin, Texas.

"You'll get some experiences, some things like what we did with Ray-Ban where we cram as much tech as possible into a normal-looking pair of glasses,” he said. “But we're a few years away from the first thing that really does augmented reality and looks like what you would call glasses."

Last month, Zuckerberg revealed details of a AI project which he said would play a vital role in creating the universe.

The Future of Internet

The metaverse is the concept of a network of 3D virtual environments that combines aspects of such technologies as virtual and augmented reality, online gaming, and the blockchain. It will be accessed with tools like AR glasses and VR headsets, but also with regular computer and mobile devices.

Many tech experts and thought leaders say that the metaverse is the future of the internet and Zuckerberg shares that belief. 

“I believe that the metaverse is the next chapter of the internet. Just like we had the mobile internet, I think this is going to be the successor to that.”

Zuckerberg has made the metaverse the long-term priority of his company going forward. This push is underlined by the company’s name change from Facebook to Meta last year.

NFTs Coming to Instagram

Instagram is building functionality for NFTs “in the near term”, Zuckerberg added during his SXSW interview. According to him, users will soon be able to display their NFTs and may even mint the tokens within the platform.

The Meta CEO declined to share specifics on the upcoming feature, such as when it would roll out.

Sources.

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Daniel Attoe

Daniel Attoe

Daniel is an Economics grad who fell in love with tech. His love for books and reading pushed him into picking up the pen - and keyboard. Also a data analyst, he's taking that leap into data science and machine learning. When not writing or studying, chances are that you'll catch him watching football or face-deep in an epic fantasy novel.

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