Metaverse Trade

Hollywood has always imagined the technologies humanity needs. Jake Sully, the protagonist in the movie Avatar, who uses a wheelchair in the avatar of James Cameron, goes to work to save a distant planet via a radio connection to a distant object.

He interacts with others, learns new skills, even gets married – all while his “real” body lies on a board, miles away.

It is correct to say that many of the elements of this scenario are no longer purely science fiction, as companies today are producing and selling robots that allow users to move through the remote work environment and interact via a computer screen, which is what was called “metaverse,” meaning a world Beyond the Internet. These systems have self-developing functions deep and unlimited learning behaviour. However, the context of their uses is still in the context of high-value problems, involving commissioned experts, for example, to allow clinicians to diagnose stroke patients remotely, Because smaller hospitals often cannot afford a neurologist on staff.

Progress toward the “embodiment” of the economy has been constrained by two technical factors, which do not involve robots at all: the speed of Internet connections and the latency involved in long-distance communications, the linking of a Thai worker to a robotic figure in Japan might be, with signal accuracy, sufficient to perform non-routine work. More complex than engineering a cheap robot structure and related control systems.

Other than that, we find that the “metaverse” economy will allow for the existence of vast economic markets; for example, we will find that all the brands that we wear in reality will have virtual things in return for a price equal to, or perhaps even matching, for example, a Rolex watch, instead of buying it initially in reality. , “Metaverse” may force you to buy it virtually, to brag about it in front of the virtual world community, as well as everything from the enjoyment of reality and its manifestations, a car, a virtual house, a modern Samsung TV that has the feature of buying virtual goods.

There will be worlds more dangerous than the reality we live in, virtual social classes, strange diseases, and mental illnesses because it is a world without governance. It is the new world with its new and strange order.

In terms of human resources, it can be said that metaverse workers elsewhere will be able to sell their work for less. The exact outsourcing logic applies to many high-paying jobs that rely on physical presence and motor skills, including work done by cardiologists and machines.

The legal, political, and social obstacles facing the “metaverse” economy may be greater than the technical obstacles. How will the meaning of work change when the gardener’s robot is controlled by a different remote worker every day? Or when a single driver oversees 50 taxis, most of them self-driving? What — and how much — work is left in areas with the highest labor and housing costs?

The bottom line is that outsourcing physical labor will bring substantial economic gains, but it can also cause problems.

I believe that outsourcing non-routine work, via remote robotic presence, could start on a large scale, within a decade, to take the time to manage the “metaverse” economy thoughtfully, while it is still young, for the time being, it does not care Consumers often refer to “metaverse,” considering it an ambiguous term, still being defined.

It is like asking consumers what the Internet means to them; one may get several different answers, some will say the Internet is Google, and others will say it is Twitter, Facebook or YouTube, each according to the way it deals with the Internet, but one will not find anyone who defines the Internet, as “metaverse.” Therefore, it does not exist yet for the rest of the talk.  

Author : Manahel Thabet
Published: February 13, 2022
Al Bayan Newspaper

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