Social Secretary Ella Kipling discusses Facebook’s plans for a new type of virtual reality

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Facebook has announced that they will be hiring 10,000 workers from the European Union over the next five years to develop a ‘metaverse.’ 

In a press release, the company described a ‘metaverse’ as ‘a new phase of interconnected virtual experiences using technologies like virtual and augmented reality.’ It also explained that the metaverse will not be owned and operated by any one company, and its key feature will be its ‘openness and interoperability.’ 

The metaverse will not be owned and operated by any one company

The ‘metaverse’ essentially is a virtual space where you can create and explore with other people who are not in the same physical space as you. Facebook explains that you will be able to ‘hang out with friends, work, play, learn, shop, create, and more’ all on the metaverse. The tech giant also stressed that this development is not about spending more time online, but making the time you do spend online ‘more meaningful.’ 

Create and explore with other people who are not in the same physical space as you

However, the metaverse won’t be here right away, as users will have to wait ten to fifteen years for the product to be ‘fully realised.’ Facebook pledged to build the metaverse ‘responsibly,’ and key areas in which the company claims to work closely with others to reduce risks are: Economic opportunity, privacy, safety and integrity, equity and inclusion. 

A two-year $50 million investment in programs and external research called the ‘XR Programs and Research Fund’ will also be launched to help with building the metaverse. Some of the initial partners are the Organization of American States, Africa No Filter, Electric South, Imisi3D, and Women in Immersive Tech.


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