World Economic Forum embraces XR immersive technology

World Economic Forum (WEF) advisors Ravin Jesuthasan, Senior Partner and Global Leader for Transformation Services, Mercer, and George Zarkadakis, Senior Fellow, GeoTech Centre of the Atlantic Council, posted a report exploring the role of extended reality (XR) technologies in the future of the work.
The WEF representatives spoke positively of immersive technologies such as cryptocurrency, non-fungible tokens (NFTs), the blockchain, and decentralized autonomous organizations (DAOs).
Forum members explained that while Web3 solutions continue to emerge, the Metaverse is “already here.” The WEF speaks highly of the Metaverse’s prospect of revolutionizing work methodologies.
The group also takes intrigue into the ways Web3 and DAO platforms can digitally reconnect businesses and communities.
The WEF post stated,
“As decentralized autonomous organizations are adopted more widely, new types of businesses will emerge that would look more like cooperatives and less than corporations, significantly reducing agency costs”.
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