Exploring Metaverse in the Skill Economy

Terms of use

Terms of Use

The use of this site and the content contained therein is governed by the Terms of Use. When you use this site you acknowledge that you have read the Terms of Use and that you accept and will be bound by the terms hereof and such terms as may be modified from time to time.

All text, graphics, audio, design and other works on the site are the copyrighted works of nasscom unless otherwise indicated. All rights reserved.
Content on the site is for personal use only and may be downloaded provided the material is kept intact and there is no violation of the copyrights, trademarks, and other proprietary rights. Any alteration of the material or use of the material contained in the site for any other purpose is a violation of the copyright of nasscom and / or its affiliates or associates or of its third-party information providers. This material cannot be copied, reproduced, republished, uploaded, posted, transmitted or distributed in any way for non-personal use without obtaining the prior permission from nasscom.
The nasscom Members login is for the reference of only registered nasscom Member Companies.
nasscom reserves the right to modify the terms of use of any service without any liability. nasscom reserves the right to take all measures necessary to prevent access to any service or termination of service if the terms of use are not complied with or are contravened or there is any violation of copyright, trademark or other proprietary right.
From time to time nasscom may supplement these terms of use with additional terms pertaining to specific content (additional terms). Such additional terms are hereby incorporated by reference into these Terms of Use.

Disclaimer

The Company information provided on the nasscom web site is as per data collected by companies. nasscom is not liable on the authenticity of such data.
nasscom has exercised due diligence in checking the correctness and authenticity of the information contained in the site, but nasscom or any of its affiliates or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this site. The information from or through this site is provided "as is" and all warranties express or implied of any kind, regarding any matter pertaining to any service or channel, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement are disclaimed. nasscom and its affiliates and associates shall not be liable, at any time, for any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communications line failure, theft or destruction or unauthorised access to, alteration of, or use of information contained on the site. No representations, warranties or guarantees whatsoever are made as to the accuracy, adequacy, reliability, completeness, suitability or applicability of the information to a particular situation.
nasscom or its affiliates or associates or its employees do not provide any judgments or warranty in respect of the authenticity or correctness of the content of other services or sites to which links are provided. A link to another service or site is not an endorsement of any products or services on such site or the site.
The content provided is for information purposes alone and does not substitute for specific advice whether investment, legal, taxation or otherwise. nasscom disclaims all liability for damages caused by use of content on the site.
All responsibility and liability for any damages caused by downloading of any data is disclaimed.
nasscom reserves the right to modify, suspend / cancel, or discontinue any or all sections, or service at any time without notice.

For any grievances under the Information Technology Act 2000, please get in touch with Grievance Officer, Mr. Anirban Mandal at data-query@nasscom.in.

New

See all

No notification found.

Exploring Metaverse in the Skill Economy

FutureSkills Prime

@fsprimeofficial

February 21, 2022

NTLF Forum 2022

1752

Neal Stephenson originally came up with the idea of ‘metaverse’ in his bestseller ‘Snow Crash’. Recently Facebook announced plans to delve deep into the metaverse and even changed its name to Meta. What was supposed to be a fad, has picked up quite well and a lot of companies like Roblox, NVDIA, Epic Games have shown deep interest in creating a metaverse. How metaverse will be manifested in the future seems more like a cross between science fiction and folklore but one thing which is definite is the impact it will have on several industries including education.

Education will perhaps be the one of the first industries which will see disruption in the next few years because of the metaverse. The disruption is because the education industry grappled with a lot of issues around remote during the pandemic. One of them was the social disconnect that a lot of students faced, being physically away from each other. Infact the pandemic shook the foundation on which the school model was devised. Social interaction and peer learning, which are vital to a child’s overall cognitive development, were snatched away from the kids making them rely only on digital tools to interact and articulate.

On the other hand, Web 2.0 was based on UGC (user generated content) over mobile, social and cloud. It opened the doors of democracy to every denizen of the digital landscape making it an extremely powerful tool for empowerment across the world. However it still lacked the embodied experience one would need to have more responsive interactions. We can’t deny the fact that all human beings are sentient creatures and conversation devoid of sentience can somehow result in chaos. Especially when the target group being spoken about is students. Students need powerful experiences around each other to learn new things and develop a worldview of their own. That would require them to have either a physical experience or an embodied digital one.

Metaverse seems to fit the bill where students will now get to experience through a mix of VR (virtual reality) and AR (augmented reality) an embodied experience inside the metaverse. The metaverse would revolutionize the education industry forever. It will completely revamp and optimize the school experience for children. Children would now be able to be part of a class which has their friends and classmates, right from the confines of their homes quite similar to what Mark Zuckerberg showed in his video.

According to the metaverse primer blog by Mathew Ball and a host of other blogs, one thing is clear as we are try to understand the impact of the metaverse on human civilization. Several different industries that are supposed to cross-collaborate and create the metaverse are actually working together to ensure that metaverse is no longer a page out of a Neal Stephenson book but an artificial reality that would change the human civilization forever.

Metaverse would also be responsible for creating a different set of jobs which would need people to have new age skills. Reading Preethi Kasireddy’s blog on how to build Apps or decentralized applications on Web 3.0, one would realise that it is fundamentally different from how apps were being built for web 2.0. One would need to understand Web 3.0 related skills quite effectively to be able to power the metaverse. The metaverse will need several aspects of Web 3.0 to run these artificial utopias.

The larger question is that, with such level of disruption, are we prepared to fill in this talent gap? Will the current technical skills that students have, hold relevance as we move towards the future? Will EdTech ride the new skill bandwagon and train students for future jobs that the metaverse and Web 3.0 will create? While we need the metaverse to leapfrog into the future, we also need folks who can help power or build the metaverse, which translates to millions of jobs worldwide with specialized skills.

I’d like to conclude by quoting Suzie Boss, “The first step in teaching students to innovate is making sure that educators have opportunities to be innovators themselves”. This is where FutureSkills Prime can play a pivotal role in empowering students and teachers in our country. It can be leveraged to enable learners in emerging technologies through which future tech around metaverse can be created using the powerful Web 3.0 standards.

Written by

Saurabh Saha, Product Leader

#futureskillsprime #ntlf2022 #shapingthetechade #metaverse #skilling

Disclaimer

That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.

FutureSkills Prime

A skilling ecosystem focused on emerging technologies, powered by a partnership between the Ministry of Electronics and Information Technology, Government of India, nasscom, and the IT industry. It seeks to propel India to become a global hub of talent in emerging technologies.