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A third of U.S. residents fear Metaverse

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A third of U.S. residents fear Metaverse

According to CNBC, the findings could worry companies like Meta and Microsoft, which have spent billions of dollars creating their own virtual worlds

A third of U.S. residents fear Metaverse

Metaverse, which came into the spotlight when Facebook changed its name to Meta, is generally described as a possible future version of the internet, functioning as a three-dimensional virtual world enabled by equipment such as virtual reality and augmented reality goggles.

However, a survey revealed the negative views of US citizens about the virtual world. Many of the participants said they were more afraid of Metaverse than excited about it.

More than 2,500 adults participated in the survey conducted march 23-25 by Axios, a prestigious US news site, and Momentive, a market research company. They were asked, “Does metaverse excite or frighten you about the future?”

A third of respondents said the idea of a virtual world, where they could play games with friends and participate in events with virtual reality goggles, “scares them more” about the future. Seven percent of people in the survey said it “excites them more.”

Meanwhile, 58 percent of respondents answered “none.” Cnbc reported that the result suggests that the majority of U.S. residents are still indifferent to the idea of Metaverse.

In addition, 60 percent of respondents said they were not familiar with the idea of Metaverse at first.

The report said the findings could be alarming for companies such as Meta, Microsoft and Epic Games, which have spent billions of dollars creating their own virtual worlds. Individual investors who have spent millions of dollars buying virtual real estate on Metaverse platforms such as Decentraland and Sandbox could also be concerned.

Independent, CNBC, Reuters

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