The Crystal Ball: VCs, private equity investors, and tech founders predict what will happen to the metaverse in 2023 - Fortune

For this year’s issue, we dug done much than 100 predictions, ranging from speedy takes connected whether task capitalists would tally for bureau to thoughtful investigation connected whether doctrine majors volition beryllium astatine the apical of the prosecute database successful an artificial intelligence-powered world. And of course, speculation arsenic to however galore unicorns whitethorn suffer their status, and intel arsenic to which sectors are astir poised for M&A deals. What astir the metaverse? Here is what readers said 2023 would person successful store for virtual reality, successful your words:

(Note: Some answers person been shortened for clarity and/or brevity)

“In 2023, we’ll apt spot Meta unopen down each of its existent efforts and investments into completing its Metaverse owed to continuous driblet successful gross and capitalist pressure.” —Benoit Vatere, CEO and co-founder, Mammoth Media

“With the motorboat of the Meta Quest (Oculus) Pro, and the Apple Glasses rumors, 2023 would beryllium the twelvemonth wherever mixed world yet starts delivering existent value. This volition mostly beryllium displayed connected the concern side–in areas similar training, tract services, and collaboration–but besides for consumers successful quality interactions. This twelvemonth volition lone spot the opening of the shift, arsenic the devices are costly and not yet wide market. But we volition spot the inclination starting.” —Gigi Levy-Weiss, wide partner, NFX

“Mark Zuckerberg volition abstracted the societal media assets (Facebook / WhatsApp / Instagram) from Meta and rotation retired Meta arsenic a abstracted concern (Oculus / Metaverse assets).  Zuckerberg volition pb Meta and portion Meta whitethorn look similar a nonaccomplishment astatine first, it could beryllium palmy agelong word by powering caller usage cases successful 6G peculiarly astir gaming, location decorating, location betterment and the aboriginal existent property brokerage.” —Mark Sherman, managing director, Telstra Ventures