The Metaverse and (near-)infinite economic growth

Today’s economic constraints may be enforcing a degree of sobriety, but even before the pandemic, the easy money was clearly concealing a stagnation. This is the thesis of the Umami essay: that material progress had plateaued, leaving us to manipulate symbols and create the mere illusion of value (this is also what David Graeber argues in his “we w

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Today’s economic constraints may be enforcing a degree of sobriety, but even before the pandemic, the easy money was clearly concealing a stagnation. This is the thesis of the Umami essay: that material progress had plateaued, leaving us to manipulate symbols and create the mere illusion of value (this is also what David Graeber argues in his “we w

... See more

If done correctly, the Metaverse becomes more than the escape from a bleak reality that it is in Ready Player One, but a new way to earn a middle class income while pursuing your passions with ever-growing and more profitable niches of your people, around the globe.

- In the first six months of 2022, the word metaverse appeared in regulatory filings more than 1,100 times. The previous year saw 260 mentions. The preceding two decades? Fewer than a dozen in total.- The metaverse, a 30-year-old term but nearly century-old idea, is forming around us. Every few decades, a platform shift occurs—such as that from mai... See more