3min chapter

TechMagic with Cathy Hackl cover image

Season 2 Finale: Web3 - What’s Next?

TechMagic with Cathy Hackl

CHAPTER

Building the Metaverse Responsibly

I think sometimes when people talk about or think about the metaverse, they think of it as a very tech-centric experience. We feel we have a heavy responsibility here to make sure we're building the metaverse responsibly and know that we take this really seriously. This human-centered thinking is an important component of attracting people into the future. I think tend to happen because they get so excited about the technology and they don't understand how it relates to everyday life.

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Speaker 5
We feel we have a heavy responsibility here to make sure we're building the metaverse responsibly and know that we take this really seriously. And I think sometimes when people talk about or think about the metaverse, they think of it as a very tech-centric experience. But actually, when I'm talking to the people that are building it, it's actually very human-centric. You know, we're thinking about things about how you give people the feeling of having a side chat at a conference with a friend, or how you bring people together from different parts of the world, maybe to play a game together and have that feel real, or how you use VR to create empathy or treat trauma. These are really, really human questions. And I think it's important that people know that there's real thinking and feeling and people behind the technology who really care that it gets used for good. We can't go alone on this. It needs to be a collaborative effort where we work together and anticipate
Speaker 2
risks. This human-centered thinking is an important component of attracting people
Speaker 6
into the future. My friend Theo Priestley is a futurist in a
Speaker 2
bit of a metaverse and web3 agitator, and
Speaker 6
he sees the pitfalls of not relating these new technologies to average people. I think
Speaker 1
tend to happen because they get so excited about the technology and they don't understand how it relates to everyday life. So what you get is a very blinker, Silicon Valley mentality, where it's all you can see are the people around you who adopt these technologies instantly as soon as they emerge, coming from that world myself, but also living in the real world and paying with real money and buying milk down the shop and things like that, is that everybody around me has concerns of their own. Nobody here talks around about web3 and metaverse because they're more concerned about how I'm living paycheck to paycheck and when's my next car payment coming off. Like web3, for example, there are 19,000 daps, decentralized applications on dap radar apparently, and all of them are either an exchange or an NFT marketplace or a wallet. And what you're doing is you're actually playing to the same crowd or the same community over and over again with these, you're not actually touching anybody who has a need to use something on a day to day basis. So adoption rates are slow or adoption rates are basically contained in the same ecosystem or echo chamber if you want to call it
Speaker 2
that.

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