Saturday, January 29, 2022

g-f(2)869 "g-f" fishing (1/29/2022), geniouxfacts, 10 Golden Knowledge (GK) Juices on Metaverse


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"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageThe New World, Digital Transformation (1/29/2022)  g-f(2)426 


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10 GK Juices on Metaverse


  • Each sentence is a specialized ultra-condensed GK juice for those who have the "g-f superpower".
  • The “g-f superpower” is the superpower of becoming a fast and successful learner.
  • You are travelling The Golden Knowledge Path (GKPath) digital freeway that accelerates everyone's success in the digital age.

  1. ALERT, Bloomberg: Mark Zuckerberg has struggled to enter new growth areas without buying companies. That’s a problem.
    • Facebook’s Crypto Failure Is a Red Flag for Its Metaverse PlansParmy Olson, January 28, 2022, Bloomberg.
    • Among the history of Facebook’s innovation misfires: a home screen for Android phones that flopped soon after its 2013 launch; Snapchat competitors Poke and Slingshot (2014 and 2015); and mobile-development platform Parse. The company also floundered on efforts to build its own versions of Amazon Inc.’s Alexa.
  2. ALERT, Bloomberg: Its inability to launch Diem doesn’t say much about its ability to build products from scratch.
    • Meta Might Not Be Up For This Whole Metaverse Thing, Mark Gongloff, January 28, 2022, Bloomberg.
    • This failure is not a good sign for Facebook Meta’s ability to actually grow 2 Life 2 Meta to the fullest, writes Parmy Olson. The company has always been much better at going out and buying business lines (Instagram, WhatsApp) than building them in-house. It does have more than enough cash for a big, company-changing megadeal, Parmy notes, but its permanent residence in the regulatory doghouse makes that impossible. 
    • One looming new government crackdown is something called the American Innovation and Choice Online Act. The bill would make it illegal for tech behemoths to favor their own products over those of rivals, like when Amazon puts its own brand of dental floss at the top of search results for “dental floss.” Bloomberg LP founder Mike Bloomberg warns this will be bad for tech companies and customers alike, stifling innovation and consumer choice. But unlike almost everything else in this country, this bill has bipartisan support, so it could happen. It might even be likelier than that virtual paradise.
  3. Lessons learned, ABC: Facebook's announcement in October that it was further embracing the metaverse and rebranding itself as Meta set off a firestorm.
    • How the metaverse could impact the world and the future of technology, Leda Alvim, January 28, 2022, ABC News.
    • The metaverse aims to innovate the way people interact with each other on the internet, interacting in a way previously only thought possible in science fiction.
    • "The metaverse is essentially a massive, interconnected network of virtual spaces," Rabindra Ratan, associate professor of media and information at Michigan State University. told ABC News Live. "In theory, we'll be able to move from one virtual world to another in the metaverse, but we'll be wearing virtual reality goggles or maybe augmented reality."
    • Technologies like virtual reality, a computer-generated simulation of a 3D image or environment, and augmented reality, superimposing a computer-generated image on a user's view of the real world, will play a significant role in bringing the metaverse to life.
    • While the excitement around the concept of a metaverse is rapidly growing, Ratan said bringing that vision to reality is still many years away.
    • Experts say companies are making sure they are prepared once the change takes place.
  4. Lessons learned, CNBC: LVMH Chief Executive Bernard Arnault said Thursday that the metaverse could become a business opportunity for the luxury giant, but “we have to be wary of bubbles” and “we have to sound a note of caution.”
    • LVMH CEO Bernard Arnault says ‘we have to be wary of bubbles’ with the metaverse, Robert Frank, January 27, 2022, CNBC.
    • As the luxury industry takes center stage in the growth hopes of the metaverse — with a virtual Gucci bag selling for $4,500 on Roblox — brands like Nike, Balenciaga and Burberry are making plans to turn their real-world status into digital profits. Nike recently acquired digital-sneaker brand RTFKT, which sold 600 pairs of virtual shoes for $3.1 million, while Burberry collaborated with Mythical Games to launch nonfungible tokens.
    • For now, LVMH is focused on the real rather than the virtual, Arnault said, during the company’s earnings call Thursday.
    • Arnault conceded that the metaverse is “thought-provoking” and could well have a future for certain brands.
    • “It will be interesting to see how it generates profit,” he said. “NFTs are generating profits, and I’m sure this will have a positive effect if things are done properly.”
  5. Lessons learned, NYT: Is the metaverse our future? Would you like to live in “a richly animated, lifelike 3-D simulation”?
    • How Excited Are You About the Metaverse?, STUDENT OPINION, Jeremy Engle, January 27, 2022, The New York Times, NYT.
    • Imagine living a virtual reality world where you can have your avatar play video games, shop, hang out with friends, attend concerts and weddings and even travel the world — all without leaving your home.
    • Do you find the idea intriguing? Exciting? Scary? Are you looking forward to a future when we are always hooked into a virtual world? Or do you fear it will be a dystopian nightmare?
    • Make a prediction: Will the metaverse ever become a reality? If so, when do you think it may arrive? In 10, 50 or 100 years? Or should we be skeptical of all the hype — at least for now?
  6. ALERT, Reuters: WHAT ARE THE RISKS? There’s plenty to consider, for sure. 
    • Breakdown: Real profit and loss in the metaverse, Gina Chon and Oliver Taslic, January 28, 2022, Reuters.
    • First off, the value of a platform, its real estate and any dedicated cryptocurrency depend on popularity. Different metaverses are generally not interoperable so even if the concept takes off, some of them could wither, taking the value of related assets down. Facebook-style network effects could play out yet again as metaverses fight it out.
  7. ALERT, WaPo: Despite all the fanfare around Mark Zuckerberg’s plans to create a cryptocurrency that was predicted to bring in “billions” in new revenue, the project has petered out with barely whimper. 
    • Facebook’s Crypto Failure Is a Red Flag for Its Metaverse Plans, Parmy Olson | Bloomberg, January 28, 2022, The Washington Post, WaPo.
    • Meta Platforms Inc., the company formerly known as Facebook, agreed to sell assets tied to the project born in 2019 as Libra and now known as Diem to Silvergate Capital Corp. for about $200 million.
    • With Diem’s director jumping ship last November and its ambitions scaled back amid fierce pushback from regulators and central banks, the project’s death was anticipated by some. But a post mortem tells us something more troubling: Facebook continues to struggle to develop new services without buying them, and in a toughening regulatory environment, that does not bode well for Zuckerberg’s metaverse plans, a pivot he has bet the entire company on.
  8. Lessons learned, WWD: The chairman and CEO of luxury conglomerate LVMH cautioned against a repeat of the dot-com bubble.
  9. ALERT, VentureBeat: Artificial intelligence will soon become one of the most important, and likely most dangerous, aspects of the metaverse.
    • The danger of AI micro-targeting in the metaverse, Louis Rosenberg, Unanimous A.I., January 27, 2022, VentureBeat.
    •  I’m talking about agenda-driven artificial agents that look and act like any other users but are virtual simulations that will engage us in “conversational manipulation,” targeting us on behalf of paying advertisers. 
    • This is especially dangerous when the AI algorithms have access to data about our personal interests, beliefs, habits and temperament, while also reading our facial expressions and vocal inflections. Such agents will be able to pitch us more skillfully than any salesman. And it won’t just be to sell us products and services – they could easily push political propaganda and targeted misinformation on behalf of the highest bidder.  
  10. Lessons learned, Forbes: The metaverse is a relatively new term and one that's hard to define precisely. 
    • How To Market In The Metaverse, Kalin Kassabov, Founder and CEO of ProTexting.com, January 26, 2022, Forbes.
    • The metaverse refers to online experiences that are highly immersive, such as virtual reality (VR), augmented reality (AR) and interactive video. It's essentially taking the online experience to the next level, creating an entire world where people can socialize, conduct business and experience immersive entertainment.
    • Marketing Possibilities In The Metaverse
      • If you're not involved in areas such as cryptocurrency, gaming or VR, you may think that the metaverse has nothing to do with you. However, any major trends are bound to influence the realms of business and marketing. The following are some ways that any business might benefit from getting involved. 
        • Create your own NFT to raise brand awareness (e.g., create an NFT with your logo) or to promote a product.
        • Be alert for opportunities in Facebook's Meta offerings. 
        • Get involved in virtual real estate. 
        • Consider ways to gamify your brand.
    • The metaverse will provide many opportunities for businesses of all sizes and types to reach a wider audience. You're not going to learn about everything all at once. It should reassure you that no one is really an expert as we're still in the very early days of the metaverse, similar to the internet in the mid-1990s. 

Genioux knowledge fact condensed as an image


Extra-condensed knowledge



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Ultra condensed golden knowledge (GK) juices for those who got the "g-f superpower" g-f(2)850



The “g-f superpower”


  • The “g-f superpower” is the superpower of becoming a fast and successful learner. g-f(2)837
  • An ultra-condensed golden knowledge (GK) juice for those who obtained the "g-f superpower" consists of a single sentence. A click on the link that accompanies the phrase takes you to the container of golden knowledge. g-f(2)850




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Essential FACT 5: Becoming a fast and successful learner is a superpower g-f(2)837



This "genioux fact" (g-f(2)837) is an ultra-condensed knowledge juice, extracted from more than 836 "genioux facts". The "genioux facts" most relevant to the juice appear as links.

  • To keep pace with change and avoid disruption, people must become fast and successful learners, infinite learners—those who not only enjoy learning but feel a constant need to acquire new skills.
  • Foundational FACT: Golden Knowledge (GK) opens the way to staggering opportunities, risks and challenges.
  • Obsolesce FACTOR: GK can be obsolete in some degree fast because GK of exceptional quality is produced daily.
  • Essential FACT: The essential problem with the digital age is that the rate at which GK is appropriated is much slower than the rate at which new GK is created.
  • Essential fact about pleasure: Learning is the greatest of all pleasures.
  • Essential fact about eternal youth: Keep learning to stay young forever.
  • The list of most relevant Essential FACTS:
    • g-f(2)771 Lighthouse of the big picture of the digital age (12/30/2021), Essential FACT 1: The fabulous treasure must be known to all
    • g-f(2)772 Lighthouse of the big picture of the digital age (12/30/2021), Essential FACT 2: The New World must be known to all
    • g-f(2)773 Lighthouse of the big picture of the digital age (12/31/2021), Essential FACT 3: GK for you to conquer the New World
    • g-f(2)778 Lighthouse of the big picture of the digital age (1/1/2022), Essential FACT 4: In the New World, the game is transformation
    • Essential FACT 5: Becoming a fast and successful learner is a superpower




Condensed knowledge






Some relevant characteristics of this "genioux fact"

  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from geniouxfacts]
  • 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)869, Fernando Machuca, January 29, 2022, blog.geniouxfacts.comgeniouxfacts.comGenioux.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”


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