The Metaverse

4 things you need to know about the metaverse this week

Five Meta avatars. Meta is cutting more than 11,000 jobs but is not backing away from the metaverse.

Meta is cutting more than 11,000 jobs but is not backing away from the metaverse. Image: Meta

Cathy Li
Head, AI, Data and Metaverse; Member of the Executive Committee, World Economic Forum Geneva
Share:
The Big Picture
Explore and monitor how The Metaverse is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

The Metaverse

Listen to the article

What affected Meta? metaverse
Meta is cutting more than 11,000 jobs as it doubles down on its metaverse bet amid declining advertising and decades-high inflation. Image: Reuters Graphics

The Free Republic of Liberland is going a step further than recreating itself in the metaverse.
The Free Republic of Liberland is going a step further than recreating itself in the metaverse. Image: Free Republic of Liberland

The metaverse could boost Asia's GDP by $800 billion-1.4 trillion a year by 2035
The metaverse could boost Asia's GDP by $800 billion-1.4 trillion a year by 2035 Image: Statista

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
The MetaverseVirtual and Augmented Reality
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

How immersive technology is transforming education, healthcare and beyond

Pearly Chen

June 2, 2023

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum