Unveiled: Virtual Could Fix Reality
Recognize the inflection points when you're at one...
Metaverse, as a concept, is evolving to find its definition, but there seems to be broad consensus that it is the next iteration of the internet. As we continue to better understand this virtual universe, and the full spectrum of its implications on the future and our lives, we are at a unique inflection point - one that positions us to prevent the errors of the past and fix things from the beginning.
But we need to recognize this unique moment and act fast, before the current reality cascades into the metaverse.
In a recent report from McKinsey, the trends are giving us warning signs as summarized in the 3 key data points below.
More women than men are power users in the metaverse: 41% of women had used a primary metaverse platform or participated in a digital world for more than a year, compared with 34% of men. In addition, 35% of the women surveyed are power users, spending more than three hours a week in the metaverse, compared with 29% of men
Women are spearheading and implementing more metaverse initiatives: Female executives are 20% more likely than their male counterparts to implement multiple metaverse initiatives, with 60% of surveyed women reporting that they have implemented more than two metaverse-related initiatives
Early signs already present a concerning gender disparity in leadership: In organizations shaping metaverse standards, 90% of leadership roles are held by men; and in the past 5 years, male-led metaverse companies received a higher share of total entrepreneurial funding than female-led metaverse companies
We have a unique opportunity to prevent this from becoming a pervasive issue that is already plaguing the ‘real’ world. Whether you are in the metaverse domain or not, SHARE this post with your network (we are also bringing our newsletter to LinkedIn starting this month!). Follow our tips in the Q&A section to generate more awareness on how to tap into potential sponsors to flip the current dynamic in the early stages of metaverse.
Speak up if you want to bring change to the world.
— Dr. DaShanne Stokes, U.S. author, progressive activist, and Native American rights advocate
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