Catherine Falls is pictured.
The metaverse is already here, according to the co-founding member of LinkedIn.
The internet is an "early version" of the metaverse, which has been around for a while, according to the partner at Greylock.
He told CNBC that it's an essential part of his life.
The metaverse, which is shorthand for the virtual world where people interact, becomes more akin to science fiction like the famed "Ready Player One" novel and film, where characters have virtual experiences. He said to go to a metaverse concert.
There will be a lot of investment in the metaverse. I think we're in another cycle.
The concept of the metaverse shot into the mainstream recently when Facebook's parent company rebranded to Meta Platforms, in a sign of its move into the future internet also commonly referred to as Web3.
Other use cases beyond just communications, which Facebook is known for, will likely arise first, as Meta is one of the drivers behind metaverse hype.
The definition of the metaverse is still a mystery. Some argue that it is a virtual place where people are in charge, not tech giants as in the current internet. Meta is jumping into the space to take their share.
Some people are still skeptical. Musk said that Web3 is more of a marketing term than a reality.
Business Insider has an original article.
