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2024 | OriginalPaper | Buchkapitel

8. Embracing the Next Genesis Trend: An Investment Perspective on the Metaverse

verfasst von : Henning Stein

Erschienen in: Global Perspectives in the Metaverse

Verlag: Springer Nature Switzerland

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Abstract

This chapter explores the investment appeal of the metaverse, viewing the concept through the prism of ‘genesis trends’. A genesis trend occurs when the growth of a market or technology becomes sufficient to trigger a transformative shift—as witnessed, for example, during the emergence and spread of the internet and smartphones. The following analysis considers the lessons of previous genesis trends—including the multiplicity of architects, enablers and impacts, the perils of inadequate regulation and the threat of an oligopoly—and explains the role of investors and other stakeholders in ensuring an outcome that shapes the future both dramatically and positively.

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Fußnoten
1
‘We’re in this together’ was identified as the term whose overuse during the pandemic most rankled the public.
 
2
It should be noted that Paperboy, which was presented in glorious isometric 3D, was deemed cutting-edge at the time—even if home-market versions of the game sadly lacked the handlebars that graced the arcade original.
 
3
Qualcomm’s array of around 140,000 granted and pending patents has grown to encompass 3G, 4G and 5G technologies. According to the company’s website, this ‘unmatched portfolio’ extends across more than a hundred countries and jurisdictions.
 
4
The opposing view was perhaps most memorably framed by ever-quotable baseball great Yogi Berra, who opined: ‘It’s tough to make predictions – especially about the future’.
 
5
Stephenson characterized the metaverse as an escape from a dystopia defined by global economic collapse and governments’ surrender of power to mega-corporations. We can quietly sidestep any claims to prophecy in this regard.
 
6
Moore was director of research and development at Fairchild Semiconductor when he first formulated his law.
 
7
The market for ‘metaverse in entertainment’ has been estimated to grow to more than $220 billion by 2031. It was valued at less than $14 billion in 2021 (Allied Market Research, 2022).
 
Literatur
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Zurück zum Zitat Downes, L. (2009). The laws of disruption: Harnessing the new forces that govern life and business in the digital age. Basic Books. Downes, L. (2009). The laws of disruption: Harnessing the new forces that govern life and business in the digital age. Basic Books.
Zurück zum Zitat Fortune Business Insights. (2021, September). Telehealth market size, share & COVID-19 impact analysis, by type (products and services), by application (telemedicine, patient monitoring, continuous medical education and others), by modality (real-time [synchronous], store-and-forward [asynchronous] and remote patient monitoring), by end-user (hospital facilities, homecare and others) and regional forecast, 2021–2018. https://www.fortunebusinessinsights.com/industry-reports/telehealth-market-101065. Accessed 1 April 2023. Fortune Business Insights. (2021, September). Telehealth market size, share & COVID-19 impact analysis, by type (products and services), by application (telemedicine, patient monitoring, continuous medical education and others), by modality (real-time [synchronous], store-and-forward [asynchronous] and remote patient monitoring), by end-user (hospital facilities, homecare and others) and regional forecast, 2021–2018. https://​www.​fortunebusinessi​nsights.​com/​industry-reports/​telehealth-market-101065. Accessed 1 April 2023.
Zurück zum Zitat Schumpeter, J. (1942). Capitalism, socialism and democracy. Harper & Brothers. Schumpeter, J. (1942). Capitalism, socialism and democracy. Harper & Brothers.
Metadaten
Titel
Embracing the Next Genesis Trend: An Investment Perspective on the Metaverse
verfasst von
Henning Stein
Copyright-Jahr
2024
DOI
https://doi.org/10.1007/978-3-031-54802-4_8