Facebook’s October announcement that it would become a metaverse company and change its name to Meta created quite a stir. Elon Musk mocked the decision, saying people are unwilling to replace the physical world with a virtual one. Jack Dorsey called it dystopian, and others piled on. But Bill Gates said that most office meetings will be in the metaverse in 2–3 years. Gates is right: The metaverse is inevitable and will be as valuable and disruptive as the World Wide Web has been.
What is the metaverse?