The Future of the Metaverse: Investing in the Next Big Thing
The world is changing, and it's changing faster than ever before. Thanks to advanced technologies and new innovations, we are on the brink of a fundamental shift in humanity, similar to the impact of the smartphone and the internet before it. I'm talking about the metaverse, which will change the way we live, work, and play in a profound way.
The Metaverse: The Next Major Computing Platform
In case you haven't heard, Facebook recently announced that they are planning to rebrand the company around the metaverse, with Mark Zuckerberg stating that he wants to be known for building it. This is a significant announcement, as Mark Zuckerberg is the fifth richest person on Earth, and this idea is bigger than Elon Musk's reusable rockets and autonomous robo-taxis.
But I think augmented reality, once that hits and you have a normal pair of glasses that, you know, good looking kind of normal glasses, not anything that's super thick or anything like that and that can last all day long but can project holograms into the world then you'll be able to do a version of your show where your you know your hologram can just show up on my couch right here and you can hand me the phone and I can and I can kind of take the phone as a hologram and play with it like that you know one one kind of trippy thing that I think about that's further out is once we have really good mature AR glasses we won't even necessarily need other kinds of screens anymore, right? Things like TVs, you know, it's tablets, all these things could just be digital holograms.
Investing in the Metaverse Today —————————— Now is the time to invest in the metaverse, as it has the potential to be the next major computing platform. To help you get started, I've laid out the basic pieces of the metaverse and provided a few great investments in each of those pieces.
Augmented Reality Augmented reality (AR) is about closing the gap between the internet and the world around us by overlaying digital content and information onto our physical world. The total augmented reality market alone could scale from under $1 billion today to $130 billion by 2030, a compound annual growth rate of over 60% over the next decade.
And I think that there's just going to be a crazy amount of creativity that gets unlocked and a lot of innovation when a lot of stuff that physically today has to be produced in a factory, which obviously most people don't have access to doing that, can just get turned into an app that can be a hologram that you can give to someone. I think that that's going to be wild. So I'm really excited about it. And that's why we're just so focused on this.
Top 10 Metaverse Stocks to Buy Now
Here are some companies that are leaders in the AR space:
* Google (GOOG)
* Apple (AAPL)
* Snapchat (SNAP)
* Vuzix (VUZI)
Virtual Reality Simulations Virtual reality (VR) simulations have an infinite total addressable market because anything that can be done in real reality can also be reproduced in virtual reality. VR simulations have the potential to add real value to doctors, nurses, and medical students who can log into a virtual operating room and lower the risk of real-life operations by practicing them beforehand.
They can interact with different medical devices, try different ways to complete the procedure, and even bring the patient into this virtual operating room to answer any questions and make them feel at ease.
Here are some companies that are leaders in the VR space:
- Unity Software (U)
* Nvidia (NVDA)
* Advanced Micro Devices (AMD)
* Amazon (AMZN)Virtual Worlds Virtual worlds will ultimately come together as the metaverse where users can freely and instantaneously hop between worlds, including our own. The revenue from virtual worlds could approach $400 billion by 2025.
Your avatar is you, or however you choose to customize the digital you, and you can freely travel from Roblox's World Party to Disney's Death Star to your local virtual mall, and you'll have a persistent identity across the entire system.
Here are some companies that are leaders in the virtual worlds space:
* Roblox (RBLX)
* Disney (DIS)
* Facebook (FB)
Conclusion
The metaverse is the next major computing platform, and it has the potential to change the way we live, work, and play in a fundamental way. Now is the time to invest in the metaverse, and the companies I've mentioned are a great place to start.
Hopefully, this episode helped you understand a little more about augmented and virtual reality, simulations and virtual worlds, some of the great companies that are already working in this space today, and this idea of the metaverse that will connect them all together in the future, a lot like the internet does today.
Remember, the best investment you can make is in you.