Virtual Reality

How will the Metaverse affect our everyday lives?

By Brett Farmiloe

Posted on February 10, 2023

How will the metaverse affect our everyday lives?

From replacing physical office spaces to lowering the burdens of geographic boundaries, here are 19 answers to the question, “What are some significant ways the Metaverse will affect our everyday lives?”

Reduce the Need for Physical Office Spaces
Greater Decline in Personal Interaction
Radical Changes for School Systems
Transform Healthcare
Facilitate Exploring Novel Experiences
Globalize Community-building
Provide New Opportunities for Connection and Entertainment
Produce More Augmented Reality
Offer New Options for Training and Education
Speed up Deliveries and Purchases
Bring More Sports and Physical Activity Inside
It Won’t
Change the World’s Economy
Heighten Polarization
Close the Gap Between Businesses and Consumers
Travel Inexpensively for Business or Pleasure
Modify How We Shop
Revolutionize SEO
Blow Away Geographical Boundaries

Reduce the Need for Physical Office Spaces

I believe that creating virtual office spaces and virtual stores will be some of how businesses will take advantage of the Metaverse. These virtual real estate features will allow companies to cut costs related to maintaining physical offices, stores, and transport.

If done right, the Metaverse can help diminish the need for using physical office spaces. Through it, we can create virtual office spaces, allowing employees to work anywhere with an internet connection. The number of remote-based employees and companies is constantly increasing, so it is not far from the truth that they will be more willing to have virtual office spaces in the future.

After all, these virtual spaces will allow them to interact with each other more easily. They can also use it to conduct virtual meetings and as a substitute for in-person gatherings.

Paw Vej, Chief Operating Officer, Financer.com

Greater Decline in Personal Interaction

Our workforce is a remote workforce, and we still haven’t let go of the possibility of going back to an in-office structure, at least part-time. And one of the biggest reasons is we want to foster a friendly and collaborative culture in our company.

We host a monthly gathering to keep our employees involved with one another because we want to see more interaction and collaboration. The expansion of the Metaverse will make that challenging for mostly everyone across all sectors of society.

To have so much stimuli within reach will take a toll. The upside is that information and sources of recreation will be more accessible. The downside is that people will have fewer meaningful relationships in their lives. Society’s emphasis on the benefits of teamwork might also be affected. That is worrisome.

Brittany Dolin, Co-Founder, Pocketbook Agency

Radical Changes for School Systems

It’s up to the discretion of each individual student to decide whether they will pursue higher education at an actual campus, or they can enroll in courses taught in the metaverse’s digital equivalent of universities.

For example, suppose you are researching the Roman Empire. It’s possible to go completely out of your mind in a metaverse classroom; one can travel back in time to the era of the Roman Empire and live as the Romans did. Lucky children of the future won’t have to sit through any more dull lectures.

Edward Mellett, Co-Founder, Wikijob

Transform Healthcare

The Metaverse will without a doubt offer unprecedented digital transformation in the way we receive healthcare. Particularly, the technology surrounding artificial intelligence (AI) and virtual reality (VR) will transform the medical landscape.

For example, physicians like myself are notorious for having bad handwriting. With artificial intelligence, I’ve used digital voice-to-text note-taking apps that use state-of-the-art voice technology. This enhances the efficiency and accuracy of our electronic medical records.

Regarding VR, this type of technology submerges users into a 100% virtual environment. In a medical setting, VR can simulate an alternate reality while a child has their blood drawn. VR workouts are also gaining momentum. A study published by the US National Library of Medicine reveals physical activity in the VR space offers positive outcomes on par with traditional exercise.

Jae Pak, MD, Jae Pak MD Medical

Facilitate Exploring Novel Experiences

The Metaverse, a virtual shared space, will significantly impact our everyday lives by providing a new form of social interaction and connection. It will allow people to interact, collaborate, and engage with each other in a shared virtual environment, regardless of their physical location.

One significant way is by creating new opportunities for education and training. It will also provide a platform for interactive and immersive learning experiences, allowing students to engage in virtual field trips, simulations, and hands-on activities that would otherwise be impossible.

Additionally, the Metaverse will enable professionals to access virtual training, workshops, and certifications, making it easier to upskill and advance in their careers. The Metaverse will make education and training more accessible and practical, opening up new opportunities for people of all ages and backgrounds.

Zach Goldstein, CEO and Founder, Public Rec

Globalize Community-building

One way the Metaverse will affect our daily lives is through increased social interaction and community-building opportunities. In the Metaverse, people from all over the world can gather in virtual spaces, engage in various activities, and build meaningful relationships with others.

The Metaverse will provide a new platform for socializing, where users can express themselves freely, meet new people, and take part in immersive experiences together. This has the potential to break down traditional barriers of geography and culture, allowing people to connect with others whom they may not have otherwise met in the physical world.

The Metaverse will also provide new commerce, education, and entertainment avenues, enabling businesses to reach a wider audience, provide a unique platform for e-commerce and virtual marketplaces, and offer new remote work and education opportunities.

Ubaldo Perez, Founder and CEO, Hush

Provide New Opportunities for Connection and Entertainment

The Metaverse will enable people to interact with each other in a virtual space, eliminating geographical limitations and making it easier to connect with like-minded individuals. With the help of the Metaverse, people will collaborate on projects and share ideas in real time, making it easier for them to work together even if they are in different places.

Another way the Metaverse will affect our everyday lives is by providing new ways for people to entertain themselves. People will explore virtual worlds, play games, and engage in virtual experiences with others. This could provide an escape from reality, an opportunity to experience something new, and a way for people to have fun and stay connected with friends.

Brenton Thomas, CEO, Twibi Digital Marketing Agency

Produce More Augmented Reality

We already experience augmented reality in our device use. It’s just that the augmentation appears on a device that we carry in our pockets. The Metaverse will transform this into an experience that augments our perception of the world seamlessly.

Wearables already exist that enable us to see digital information layered on top of our view of the world. Google Glass was one of the earlier models. It failed because it lacked the coolness factor and was a bit early to market. Ray-Ban Stories don’t really solve the augmentation problem, but they’re smart glasses that are totally cool.

The Meta Quest 2 is highly functional but too bulky for an out-of-home experience. As the technology becomes more portable, we will see it integrated into our everyday lives. You’ll have navigation built into your glasses, promotions and other ads that appear when stores come into your field of view, and voice access to the internet driven by AI to guide how you interact with the outside world.

Dennis Consorte, Digital Marketing and Leadership Consultant for Startups, Snackable Solutions

Offer New Options for Training

The Metaverse, a new online virtual reality, holds immense potential for our everyday lives. It will offer new opportunities for education, training, and even entertainment that were previously unimaginable.

For instance, rather than attending physical classes or workshops, users can take part in virtual classes and receive the same interactive experience without leaving their homes. Businesses and heads of industry will be highly invested in alternative forms of recruitment and marketing using the Metaverse.

Students can use this new technology to gain new skills and expand their knowledge base faster. These new opportunities supported through the Metaverse hold great promise to adapt our everyday lives quickly and efficiently into the future.

Jim Campbell, Owner, Camp Media

Speed up Deliveries and Purchases

The demands of online retailers and their third-party delivery partners will have more technologies to navigate and greater demands placed on them by the consumer.

Retail and e-commerce companies‌ will need to prepare for the greater speed that will be required to meet consumer expectations. While shipping and delivery have already been tested with the faster delivery times set forth by giants such as Amazon, that will only increase with implementing the Metaverse.

Sean Doherty, GM, Box Genie

Bring More Sports and Physical Activity Inside

It seems plausible to me you could join the metaverse while riding an exercise bike from the real world and compete in the Tour de France. The alternative is to race against Usain Bolt at the Olympics.

Will the ability to watch football games in the virtual world of the metaverse lead to the demise of traditional coliseums? That is anyone’s guess. What will happen? Only time will tell.

Consider hiring a private trainer. You should arrange a time to meet in the metaverse. You won’t need to schedule a time to physically meet at the gym anymore. Furthermore, you won’t be bothered by other gym rats pounding weights or hovering over your shoulder as you complete your sets. We’re talking about the option to get in a good workout without ever leaving the house.

Max Whiteside, SEO and Content Lead, Breaking Muscle

It Won’t

I personally don’t see Mark Zuckerberg’s Metaverse becoming a success. In my humble opinion, it’s more likely to become a massive failure.

Facebook increases in popularity as people get older; thirty-year-olds are about the cutoff for mainstream users, as the range from 30 to 70 is the sweet spot. As older generations use Facebook more, the Metaverse probably confuses or doesn’t interest them.

Metaverse is trying to attract younger generations, but those generations don’t use Facebook to begin with. All the marketing with young adults using it and the stylized avatars in the Metaverse are aimed at younger audiences to make it seem cool.

I would expect the Metaverse to go the way of Google Stadia, HQ Mobile Game, and Vine, and become a flash in the pan. Metaverse is already off to a rough start and has a long way to go before it sees success.

Seth Newman, Director, Sporting Smiles

Change the World’s Economy

Experts predict that by 2025, the metaverse will be worth close to $800 billion in the global market. Those who have faith in the metaverse predict that most of the world’s wealth will one day be stored there. Already, they are placing bets on it.

The acquisition of virtual real estate is one form of investment. The process is analogous to buying and selling domain names. Investors buy domain names, set a price, and hope that someone will eventually want to buy it so desperately that they will spend hundreds or thousands of dollars. That’s how virtual real estate operates, too. You may make a lot of money in the long run if you invest in real estate now.

Zephyr Chan, Founder and Growth Marketer, Living The Good Life

Heighten Polarization

As a tech enthusiast, I’m extremely excited about how the Metaverse will change our lives. Polarization is one thing that I think we need to be aware of as the world becomes increasingly digitized.

Polarization happens when certain topics or ideas are viewed in an overly positive or negative way and can lead to miscommunication and even conflict between individuals. It’s important that we are conscious of this possibility as we navigate this new digital world, recognizing the complexity of various issues and creating space for meaningful dialogue between them.

Ludovic Chung-Sao, Lead Engineer and Founder, Zen Soundproof

Close the Gap Between Businesses and Consumers

The Metaverse will affect our everyday lives by providing a virtual interface to many of the services and commerce experiences we use, such as shopping, entertainment, communication, and more.

We will access these activities in a more immersive, interactive, and dynamic environment than ever before, with no physical constraints. This could create new opportunities for businesses to reach customers in new, innovative ways, streamline transactions, and increase engagement.

Businesses will offer interactive advertisement experiences that add value to the customer, providing a more meaningful connection and brand affinity. Additionally, it will be a way to connect people from across the globe, enabling us to collaborate and learn from each other in a global way that has not been possible before.

Sam Johnston, CMO and Co-Founder, nth Venture

Travel Inexpensively for Business or Pleasure

If you’ve always wanted to see the world but never had the chance, the metaverse is the next best thing. You can go wherever you like, meet fascinating locals, and even take part in everyday life. You’ll be liberated from the constraints of time and distance.

To cover the costs of transportation and other services, money is required; here is where cryptocurrencies like Bitcoin come in. Moving from one room in the metaverse to another would allow you to go from Singapore to Australia and then to London if you were traveling for business. The metaverse itself becomes a social space for you to interact with others.

In the metaverse, you can meet up with pals from across the street or across the world. For example, if you’re in Seattle and your friend is in Paris, you can both go out for coffee at the same time without having to go to either city.

Timothy Allen, Sr. Corporate Investigator, Corporate Investigation Consulting

Modify How We Shop

The Internet has completely changed how we shop. It’s hard to imagine that there will ever be anything as transformational in consumer behavior as e-commerce. However, the metaverse will provide opportunities for more innovation in digital shopping by making it possible for customers to interact with products in a virtual 3D environment.

Just think about it; when you shop online, you only get photos, videos, and product descriptions to help you decide whether this item is worth it. But what if you could see this product in a virtual space that feels almost the same as seeing the item in person? This will be the dream for many online shoppers.

It would mean that from the comfort of your couch, you will be able to gauge the quality and utility of a digital product before you buy. The metaverse will be the biggest driver of these innovations, and we are already seeing a lot of work in this area.

Logan Nguyen, Co-Founder, MIDSS

Revolutionize SEO

The Metaverse will affect our everyday lives, ‌but one of the most important is through search engine optimization (SEO).

SEO is a set of techniques used to improve a website’s ranking on search engine results pages (SERPs), making it more visible to potential customers. By utilizing the Metaverse, businesses will create and optimize their own virtual spaces, allowing them to better control their brand and visibility online. This will improve the success of their business, as well as their ability to reach and engage with their customers.

Jaya Iyer, Marketing Assistant, Teranga Digital Marketing

Blow Away Geographical Boundaries

Forget geographical boundaries—the Metaverse has opened up a world of possibilities for businesses!

With virtual reality, business meetings and interactions can take place across any distance, allowing everyone to stay connected wherever they are. I’m most excited about the opportunity to brainstorm ideas in an environment where your imagination can drive how you interact.

You will prototype concepts, pull up and visualize data, or visit virtual locations around the world. The Metaverse provides us with a unique opportunity to engage and collaborate with others in ways never possible.

Jeremy Reis, Founder, Explore Startups