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Mark Zuckerberg hopes that one billion individuals will use the metaverse.

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Mark Zuckerberg hopes that one billion individuals will use the metaverse.

Will the future be all virtual? Mark Zuckerberg thinks so.

Mark Zuckerberg has high hopes for the metaverse, and he really wants you to join him.

The billionaire creator of Facebook is busy crafting what he sees as the next evolution of the internet. A fully virtual world just like the one from Ready Player One.

And he’s hoping to get over a billion people living, working and playing in this new virtual space.

Crucially, that means all those people will be spending money in the metaverse. Which is good for the bottom line.

Zuckerberg told CNBC’s Jim Cramer:

‘We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, digital content, different things to express themselves, so whether that’s clothing for their avatar or different digital goods for their virtual home or things to decorate their virtual conference room, utilities to be able to be more productive in virtual and augmented reality and across the metaverse overall.’

The shift towards virtual reality started way back in 2014, when Facebook paid $2 billion (£1.1 billion) to acquire Oculus VR, which makes virtual reality headsets.

Mark Zuckerberg holds a pair of the touch controllers for the Oculus Rift virtual reality headsets on stage during the Facebook F8 conference in San Francisco, California in 2016.

Mark Zuckerberg holds a pair of the touch controllers for the Oculus Rift virtual reality headsets on stage during the Facebook F8 conference in San Francisco, California in 2016.

Since then, Meta has iterated and improved on the headsets which, it hopes, will become a staple of our connected future.

In May, Zuckerberg posted a short demo video showcasing some of the capabilities of his company’s newest high-end virtual reality headset — codenamed Project Cambria.

The company is planning to release the headset later this year.

The demo gave a sneak peek into what mixed reality could look like, with Zuckerberg gesturing toward the cartoon character from this Oppy video and appearing to paint its environment over the real world.

The headset is supposed to offer high-resolution, full-colour passthrough, which means users can interact with virtual objects superimposed onto their actual reality.

Think of it like an advanced version of playing Pokémon Go – where you could hunt for Pokémon in your real-world environment.

We can’t wait.


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