The potential of VR and AR in the metaverse

The podcast discusses the potential of virtual reality (VR) and augmented reality (AR) in the development of the metaverse. The speaker believes that VR and AR will play a crucial role in creating interactive networked experiences across distances, allowing people to connect and communicate in virtual spaces. They mention the importance of high-fidelity networked experiences, such as virtual performances, and how these experiences can be enhanced through technology advancements. The speaker expresses their skepticism towards blockchain and NFTs, stating that these technologies do not scale well and lack practicality in the gaming industry. Overall, the podcast highlights the growing interest in VR and AR, and stresses the need for immersive, engaging, and high-quality experiences in the metaverse.