When is the world apparently going to end
In fact, the belief is that it could be to VR what the modern smartphone is to the first clunky mobile phones of the s. Instead of being on a computer, in the metaverse you might use a headset to enter a virtual world connecting all sorts of digital environments.
Unlike current VR, which is mostly used for gaming, this virtual world could be used for practically anything - work, play, concerts, cinema trips - or just hanging out. Most people envision that you would have a 3D avatar - a representation of yourself - as you use it. But because it's still just an idea, there's no single agreed definition of the metaverse. Hype about digital worlds and augmented reality pops up every few years, but usually dies away.
However, there is a huge amount of excitement about the metaverse among wealthy investors and big tech firms, and no-one wants to be left behind if it turns out to be the future of the internet. There's also a feeling that for the first time, the technology is nearly there, with advancements in VR gaming and connectivity coming close to what might be needed. Facebook has made building the metaverse one of its big priorities.
It's invested heavily in virtual reality through its Oculus headsets, making them cheaper than rivals - perhaps even at a loss, according to some analysts.
It's also building VR apps for social hangouts and for the workplace, including ones that interact with the real world. Despite its history of buying up rivals, Facebook claims the metaverse "won't be built overnight by a single company" and has promised to collaborate. But it thinks the true metaverse idea will take another 10 to 15 years. Mr Sweeney, the head of Epic Games which makes Fortnite , has long spoken about his metaverse aspirations. Online multiplayer games have had shared interactive worlds going back decades.
They are not the metaverse, but have some ideas in common. In recent years Fortnite expanded its product, hosting concerts, brand events, and more inside its own digital world. That impressed many with what was possible - and thrust Mr Sweeney's vision of the metaverse into the spotlight. Other games are getting closer to a metaverse idea, too. Roblox, for example, is a platform for thousands of individual games connected to the larger ecosystem.
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