Wednesday, November 17, 2021

g-f(2)661 THE BIG PICTURE OF THE DIGITAL AGE (11/17/2021), Bloomberg, Metaverse Is a Multitrillion-Dollar Opportunity, Epic CEO Says


VIRAL KNOWLEDGE: The “genioux facts” knowledge news

If you only have some seconds




ULTRA-condensed knowledge


"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, Digital Transformation, Metaverse  (11/17/2021)  g-f(2)426 


Opportunity, Bloomberg

Metaverse Is a Multitrillion-Dollar Opportunity  


      • “Over the coming decades, the metaverse has the potential to become a multitrillion-dollar part of the world economy,” Epic Games Inc. Chief Executive Officer Tim Sweeney said at a conference in Seoul on Tuesday.
      • “The next three years are going to be critical for all of the metaverse-aspiring companies like Epic, Roblox, Microsoft, Facebook,” he said in an interview after. “It’s kind of a race to get to a billion users, whoever brings on a billion users first, would be the presumed leader in setting the standards.”
      • “The metaverse is a term like the internet. No company can own it,” the Epic chief said.


      Genioux knowledge fact condensed as an image


      References


      Metaverse Is a Multitrillion-Dollar Opportunity, Epic CEO Says, Sohee Kim, November 17, 2021, Bloomberg.



      Extra-condensed knowledge


      Learned lessons, Bloomberg 


      • For Sweeney, the legal and rhetorical battle with mobile giants Apple Inc. and Alphabet Inc.’s Google over their locked-down app stores and payments is at least in part motivated by his aspirations for the metaverse and ensuring there’s a fair playing field for the companies competing to create it.

      Condensed knowledge




      Lessons learned, Bloomberg


      • Epic’s metaverse strategy has two prongs: first is expanding Fortnite from a game with 60 million monthly active users to an experience that could reach a billion in the future, the CEO said. Complementary to that, the company wants to capitalize on its content-creation tools like the Unreal Engine for 3D graphics, “enabling all of the companies throughout the industry to have a real-time 3D presence.” On that front, Epic will face stiff competition from Nvidia Corp., whose CEO is similarly optimistic.
      • Even if Epic doesn’t build the definitive metaverse, Sweeney wants its software tools to provide the building blocks, offering carmakers as an example: they can use Unreal to visualize their products in design and manufacturing processes and later to produce digital advertisements. Fortnite added a Ferrari that players can drive in the game this July.


      Some relevant characteristics of this "genioux fact"

      • Category 2: The Big Picture of the Digital Age
      • [genioux fact deduced or extracted from Bloomberg]
      • This is a “genioux fact fast solution.”
      • Tag Opportunities those travelling at high speed on GKPath
      • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
      • Type of validity of the "genioux fact". 

        • Inherited from sources + Supported by the knowledge of one or more experts.


      References


      “genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)661, Fernando Machuca, November 17, 2021, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.


      ABOUT THE AUTHORS


      PhD with awarded honors in computer science in France

      Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.




      Key “genioux facts”


      By
      Labels: , , , , ,

      Featured "genioux fact"

      g-f(2)2250 Visualizing Progress: The g-f New World's Viral Image

        Viral Image of the Day in the g-f New World (4/18/2024) genioux Fact post by  Fernando Machuca  and   Bard  ( Gemini ) The Viral Image of ...

      Popular genioux facts, Last 30 days