Eric Schmidt on the Metaverse

eric schmidt metaverse

Eric Schmidt, the former CEO of Google, has described the Metaverse as a confusing marketplace. Whilst speaking at an event in Colorado, Schmidt commented that there is still no clear definition of the concept and how it will affect people’s lives. And the Computer Scientist and entrepreneur are not alone in their doubts about the Metaverse.

Elon Musk recently said, “I think we’re far from disappearing into the metaverse.” And PlayStation inventor Ken Kutaragi “can’t see the point” in the Metaverse. The Metaverse seems to have split Big Tech. Whilst Microsoft and Facebook are embracing the market head, many significant technology companies appear to be waiting until the market becomes clearer.

“There’s not an agreement on what the metaverse is, even though one company has changed its name in anticipation of defining it.”

Eric Schmidt commented directly about Facebook.

Whilst Schmidt is correct that the Metaverse is not yet defined, it is reminiscent of the early web in many ways. With no one knowing just how far-reaching the Metaverse will become. The Metaverse is expected to evolve into a network of digitally enhanced environments that can be surfed interactively through one device and one avatar. But we are not there yet, and interoperability will be key to the development of the Metaverse.

One of the key aspects of interoperability will be the devices that we use to connect to the Metaverse through. This will determine how seamlessly we can browse Metaverse apps. Google is currently developing a headset for the Metaverse codenamed Project Iris, which seems contradictory to what Schmidt was saying. Schmidt also said that he did not believe Meta would define the Metaverse.

Image Credits: Chatham HouseCC BY 2.0, via Wikimedia Commons