Various Big Tech companies – but no telecom operators – club together to promote an interoperable, open and standards-based metaverse.

Iain Morris, International Editor

June 23, 2022

6 Min Read
Dr. FAANG and the metaverse of madness

Phew. Anyone frightened of being stuck in a Facebook-controlled metaverse, unable to port that expensive avatar to another virtual reality, can wipe the sweat from their goggles and breathe easy.

The world's most powerful technology companies and a few of their lackeys this week clubbed together to form the Metaverse Standards Forum and tackle an issue that must trouble non-Oculus-branded headset wearers as much as nuclear conflict, pandemics, food shortages and skyrocketing energy prices worry the rest of us – metaverse interoperability.

Good thing, too, because with the speed of metaverse development there was obviously a risk that multiple incompatible metaverses (try saying that fast over breakfast for an amusing reaction from other household members) would flicker into being.

The Metaverse Standards Forum promises a single "open metaverse" on the model of today's Internet. Open, then, but dominated by a handful of giant corporations that didn't even exist in the pre-Internet days.

Figure 1: Facebook's Mark Zuckerberg in non-avatar form. (Source: Meta) Facebook's Mark Zuckerberg in non-avatar form.
(Source: Meta)

This is all wrong on so many levels. The beauty of the original Internet (before the juggernauts of Amazon, Facebook, Google and Microsoft barged smaller vehicles off the superhighway) is that it wasn't designed like a modern American city. It evolved like a medieval European town.

If the world's biggest companies at the time had conspired to build something based on a novelist's dystopian vision, their bosses would probably have been derided as lunatics.

Worse, they would have looked as sinister as a Bond villain and his lieutenants, plotting the overthrow of the world's governments around a boardroom table.

Because the metaverse, as conceived by Neal Stephenson in his 1992 novel Snow Crash, is about as dystopian as things get.

For the benefit of anyone who hasn't read the book, it envisages an America where central government is in retreat and its role is being filled by big business and organized crime.

The metaverse is a single virtual-reality street lined with buildings and monorail stations. Users create avatars and access it by donning virtual-reality goggles and plugging into a fiber-optic network owned by the villainous monopolist L. Bob Rife, whose goal is world dominion.

Cautionary tale

Facebook's Mark Zuckerberg presumably missed the point that most of this was not supposed to be very appealing.

Instead of reading Snow Crash as a cautionary tale, he seems to have taken inspiration from it. If so, he would not be alone among today's technology executives in his apparent enthusiasm for fictional worlds of techno-apocalypse.

Tareq Amin, the CEO of Japan's Rakuten Mobile, cites Ready Player One, a story that copies heavily from Snow Crash, as his favorite movie.

"I think we'll be living in this world fairly soon," he told reporters on a recent Zoom call.

"There is no doubt in my mind that the metaverse will be part of the reality of how we communicate and collaborate."

In the Steven Spielberg movie, America seems to have become a never-ending landfill site of burnt-out cars and makeshift, scrap-metal condos one stamped foot away from collapsing like a Jenga tower.

People seek escape not in booze or oxycontin but through travel to the OASIS (Ontologically Anthropocentric Sensory Immersive Simulation) metaverse. Shadowy corporations figure prominently in the story.

Figure 2: Big Tech share price performance this year (Source: Google Finance) (Source: Google Finance)

Perhaps Rakuten will brand its own metaverse contribution OASIS. It does not feature as a founding member of the Metaverse Standards Forum, though, and it is far from being the most notable absentee.

In fact, Facebook (now calling itself Meta, of course) and Microsoft are the only founding members from FAANG (a cobbled-together acronym for Facebook, Amazon, Apple, Netflix and Google).

Netflix, with its derisory market cap of $79.5 billion (its share price has plummeted 70% since January), probably doesn't belong in this assemblage of Big Tech players. That Amazon, Apple and Google are not in the Metaverse Standards Forum sounds like a mission problem.

Telco absenteeism

Not a single telecom operator is listed as a member, either. This is curious given that: a) telecom is usually drawn to standards bodies like a full-bladdered dog to a lamppost; b) the metaverse will not exist without telecom networks, even if they are not as critical to it as L. Bob Rife and even if it scares the bejeezus out of executives whose networks are already groaning under the weight of data traffic and c) several operators have made a big deal about the metaverse, with Japan's NTT Docomo and South Korea's SK Telecom already marketing services.

The closest thing to an operator member is China's Huawei, never one to pass up membership opportunities when it is being evicted from some markets.

Opponents who think Huawei is a Chinese government stooge, security threat and intellectual property thief (and there are plenty in US political circles) will be feeling queasier than a virtual-reality gamer on a jittery connection. While most other members are American, Alibaba, China's answer to Amazon, is also involved.

Want to know more about 5G? Check out our dedicated 5G content channel here on Light Reading.

The club president seems to be the Khronos Group, one of those not-for-profit purveyors of openness whose inner workings are usually secretive.

Neil Trevett, its own president, worked an average of 30 hours a week for it in 2020, according to a tax filing, but received nothing in compensation.

Fortunately, he is also employed as the vice president of developer ecosystems by Nvidia, which is not short of change. Currently valued at about $408 billion, the US chipmaker reported revenues of about $8.3 billion for the recent first quarter, a year-on-year increase of 46%, along with a net profit of $1.6 billion.

It is, naturally, a member of the Metaverse Standards Forum.

Those who know their ancient Greeks from their technobabble will recall that Khronos (sometimes spelt Chronos) was a symbol of time.

Paintings show him as a winged, muscular old man with an array of nasty weapons, including a long scythe of the kind subsequently sported by Terry Pratchett's Death. It would come in handy for shredding some of the metaverse hype.

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— Iain Morris, International Editor, Light Reading

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About the Author(s)

Iain Morris

International Editor, Light Reading

Iain Morris joined Light Reading as News Editor at the start of 2015 -- and we mean, right at the start. His friends and family were still singing Auld Lang Syne as Iain started sourcing New Year's Eve UK mobile network congestion statistics. Prior to boosting Light Reading's UK-based editorial team numbers (he is based in London, south of the river), Iain was a successful freelance writer and editor who had been covering the telecoms sector for the past 15 years. His work has appeared in publications including The Economist (classy!) and The Observer, besides a variety of trade and business journals. He was previously the lead telecoms analyst for the Economist Intelligence Unit, and before that worked as a features editor at Telecommunications magazine. Iain started out in telecoms as an editor at consulting and market-research company Analysys (now Analysys Mason).

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