Elon Musk does not believe in the revolutionary direction of the Internet
Elon Musk does not believe in the revolutionary direction of the Internet

Metaverse and Web3 are two trends that are set to revolutionize the digital world. But Elon Musk, the richest man in the world, is not interested either.

In a recent interview, the CEOs of Tesla and SpaceX said they see no compelling use cases for virtual reality-based Metaverse technology and mocked Web3, a nebulous concept in which Internet services revolve around blocks. This is how marketing has become. unrealistic.

Musk admitted that he may be too old to understand these new technologies. He said, Am I the same person who thought the Internet was just a fad in 1995? He made this suggestion before stating that in 1995 he was among those who saw the potential of the Internet.

Musk's criticism of the Metaverse has mainly focused on the lack of compelling use cases and disappointing experiences for consumers. "I don't see the situation in the meta-universe convincingly at the moment," he said.

There is a lot of talk about Metaverse technology and the brand is promoting a range of virtual worlds. Some people rely on VR headsets to access it.

Elon Musk: The Metaverse Is Unconvincing

Critics point out that with the failure of the virtual reality boom of the 1990s and the emergence of spaces like Second Life in the early 2000s, we've tried all of these technologies before.

Essentially, the current iteration offers hardware modifications, new titles, and billions of dollars in support from giants like Meta who want to control what they think is the next major digital platform.

And Web3 is another alternative vision of the future of the Internet, driven by the idea that ordinary Internet users can directly benefit from online content and activities, and has received a lot of attention. Instead of adding value from some of the major internet companies.

Elon Musk didn't spend much time discussing Web3. But before that, he had voiced skepticism about the project on Twitter and named himself into the ranks of Jack Dorsey's chief technology officer.

My lessons said that Web3 will not democratize anything. But it shifts power from established companies to venture capital startups.

Musk also said in the interview that there should be a regulator to oversee advanced AI that he believes poses a threat to humanity.

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