If the Metaverse is the "successor" to computing and networking in the mobile and cloud era, which will eventually transform most industries and impact nearly everyone on the planet, then several very broad questions must be addressed: "Metaverse Economics" "What's the value?" Who will lead this? What does the metaverse mean to society? Trillions of Yuan, Economic Value of the Metaverse While corporate executives can’t yet agree on what exactly the Metaverse is and when it will arrive, most believe it will be worth trillions of dollars. It is predicted that the value of the Metaverse will eventually "exceed" the physical world.
Trying to predict the economic size of the metaverse is an interesting but potentially frustrating endeavor. Even when the Metaverse actually "arrives," people can't agree on its value. After all, we have been in the mobile Internet era for at least 15 years, the Internet era for nearly 40 years, and the digital computing era for more than 75 years. However, for the value that may be generated by the mobile economy, Internet economy, or pink economy, There is still no consensus on the issue. In fact, few people assess their value. Instead, most analysts and reporters simply add up the valuations or revenues of companies that by definition might fall into those categories. The challenge with measuring these economies is that they are not really economies. They are simply a collection of technologies that are so closely intertwined with and dependent on the "traditional economy" that trying to value their future economies is more of an art of allocation than a science of measurement or observation.
Think about the metaverse knowledge sharing you are listening to right now. You most likely purchased it online. Does the money you pay for it count as digital consumption? But it is physically produced, physically distributed, and physically consumed. And should some of your consumption be counted as digital consumption? If so, at what proportion should it be calculated and why? How does this split change if you are reading an electronic version of this book?
Things get even more complicated when we think of subset elements of the digital economy, such as the Internet economy or the mobile economy, both of which are probably the closest analogies to a “metaverse economy.”
The development of the Metaverse will be broadly similar to the development of the Internet. Overall, it will drive growth in the global economy, even if economic slowdowns in some sectors (perhaps real estate) shrink. In this way, the digital economy’s share in the global economy will continue to increase, and the Metaverse’s share in the digital economy will also increase.
How today’s tech giants occupy the metaverse
Which companies will lead the metaverse era? Looking back at history, we can get the answer to this question.
We can understand the different development trajectories of enterprises through 5 categories. Countless new companies, new products, and new services will be developed, ultimately impacting, reaching, or changing nearly every country, every consumer, and every industry (Category 1). Some new entrants will take the place of current leaders, who will either fail or become irrelevant; Fortune 500 companies (category 2). Due to the overall growth of the digital economy, some displaced giants have regained the opportunity to expand (category 3). For example, in the computer market, their values are higher than in the so-called heyday (category 4). There are also companies that will not be replaced and disrupted and continue to develop their core business (Category 5). So who might be transitioning into the Metaverse?