This Is the Scariest Thing That Could Happen Today  | | Luke Lango | Monsters. Ghouls. Killer clowns. They're all plenty scary. But you know what's 10X scarier? Change. Especially when you're betting your company's entire future on that change. Which is exactly what Mark Zuckerberg & Co. did Thursday, at Facebook's annual Connect conference, where it announced that it would pivot to focus on the metaverse. Don't get us wrong, we're extremely bullish on the metaverse. The economic opportunities here are huge, and a new generation of metaverse gaming will reshape the $175 billion gaming market. Facebook's pivot to the metaverse is a trillion-dollar vote of confidence that the metaverse is the next evolution of social media, from the man who basically invented social media himself. I'm not sure you could get any more positive signals about the metaverse than that right there… My team and I completely agree. We see the metaverse as the next trillion-dollar industry – and the emergence of it as the next big investment opportunity. Over the next decade, we're going to go from seeing the internet through screens to immersing in the internet through headsets. Most folks immediately think of gaming. And, yes, gaming will be a huge application of this transformation towards embodied internet. Instead of playing a game through a screen and with a controller, you'll actually immerse yourself in that game by putting on a headset. But that's just the tip of iceberg of the economic opportunities here… The metaverse will impact all things based on the internet. Social media is going to change. Instead of scrolling through feeds of posts and videos on your phone, you'll immerse yourself in a world where you can view those photos and videos in 3D and interact with the creators of that content. Work is going to change. Instead of working-from-home via Zoom meetings and Slack channels, you'll put on a headset and plop yourself in a virtual office where all your colleagues are also working. Sports are going to change. Instead of watching an NBA game on a TV screen, you're going to be able to watch the game as if you were sitting courtside (yet you'll still be on your couch). Shopping is going to change. Instead of finding products on Amazon by clicking through pages on your computer screen, you'll be able to visit a virtual mall, walk through that mall, try out products and services, and order exactly what you want. Get the point? The metaverse isn't just the future of gaming. It's the future of the internet. And that's why Zuckerberg is pivoting his trillion-dollar empire to the metaverse – he wants his company to control the metaverse of the future, and by extension, control the internet. Scary thought. Yes. But I doubt Zuckerberg will be successful in creating the omnipotent metaverse he wants to create. Why? We'll talk more about Facebook's plunge into the metaverse and what it means Monday morning. Right now, just know that change is scary. Humans are creatures of habit. We like routine. We like patterns. We like consistency. Unfortunately, life is anything but consistency. It's a series of unexpected twists and turns, and how we manage those twists and turns ultimately determines the path of our lives. Manage them poorly, and we may end up in situations we didn't want to end up in. To that extent, the scariest thing that could happen to you today isn't a visit from a monster, ghoul, or killer clown, or even Facebook controlling the metaverse – rather, it's the threat of exponential change. Make no mistake. This is happening. Thanks to technology, the world is changing faster than ever before. Every aspect of our personal and professional lives is being disrupted by technology. It's happening – change on a scale bigger and faster than the world has ever seen. It's scary, sure. But, oftentimes, what's scary is also exciting – for those who know about the changes coming and are positioning themselves to capitalize on those changes. In this context, I'm talking about people who know that AI, blockchain, robotics, and cloud computing technologies are going to change the world – and investors who are buying the tech stocks pioneering those exciting changes. Those folks are taking the scariest thing that could happen today – change – and turning it into the most exciting thing that could happen any day. Do you want to be one of those people? I thought so. Click here to learn more. Happy Halloween, everyone! Sincerely, 
Luke Lango
Editor, Hypergrowth Investing On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. | 
Comments
Post a Comment