The Metaverse

Dave Kinnear1-On Leadership, 3-LI, Blog

The Metaverse

Hey there! Have you heard of the term “metaverse”? It’s a hot topic in the tech industry right now, and just like how people were confused about the internet back in the late 70s and early 80s, there’s a lot of confusion about what the metaverse actually is.

Some people think the “metaverse” is just a fancy internet or virtual reality, while others believe it includes video games, digital currency, and even artificial intelligence. But, according to Merriam-Webster, the metaverse is a highly immersive virtual world where people can socialize, play, and work. So basically, it’s a whole new way of experiencing the internet.

But what does this mean for businesses? Well, in today’s world, every business is a technology business, whether you use technology directly or not. The metaverse and digital transformation will widely affect your operations as they become more prevalent.

Imagine using immersive virtual reality to sell products or train employees. It’s already being used for entertainment and gaming, and soon it could be a significant part of many businesses. Machine learning and artificial intelligence will also improve employee productivity and production.

But there’s a catch - this also means that employees must be system thinkers and understand many AI-enhanced processes to solve problems and work across different business functions. So how we educate future workers will need to adapt to this new reality.

Even the trades, such as electricians and plumbers, use technology today. We’re automating many aspects of these jobs and will likely see even more automation in the future. However, this also means we must train future workers to prepare for these changes.

Talent acquisition is already a complex topic for many businesses, and if we don’t start training workers now, it will only worsen. Amazon is already piloting programs to prepare high school students in logistics, but it remains to be seen if this is the best way to meet our talent needs.

So, what are your thoughts? How are you planning to adapt to the changes brought about by the metaverse and digital transformation? Are you already investing in education and training programs for your employees? My contact information is on your screen now. So, let’s start a conversation about it!