Tech Report: Metaverse
Peer Reviewed
Date issued
Nov 2023
Subject
Science and Technology;
Virtual Reality;
Exponential Technology;
Disruptive Innovation;
Digital Technology;
Labor Force;
Best Practices;
Artificial Intelligence;
Collaboration;
Conflicts Resolution
JEL code
O32 - Management of Technological Innovation and R&D;
O33 - Technological Change: Choices and Consequences • Diffusion Processes;
O35 - Social Innovation;
O38 - Government Policy
Category
Learning Materials
The metaverse is defined as a set of technologies that create an interconnected web of highly immersive virtual worlds. The use cases and opportunities offered by this new and evolving concept are still being defined, but it is already demonstrating promising potential observed in efforts underway at the Inter-American Development Bank (IDB) Group.
