3min chapter

Decoder with Nilay Patel cover image

Is the metaverse going to suck? A conversation with Matthew Ball

Decoder with Nilay Patel

CHAPTER

The Utility of the Internet

The utility of global commerce and trade is really profound in the internet. We easily take for granted that anything we create works everywhere. Unity an unreal actually use different x, y, z coordinates. It's kind of intuitive to say that at this point, if we've literally had hundreds of billions of dollars in threety assets invested, that all of those essentially get deprecated after their first use. That means that we either need to remake them, or we just will never use them.

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