Underlying it all, advancing applied sciences like generative AI proceed to make it faster and cheaper to build spatial environments and experiences. And, perhaps quietly, these applied sciences are already being confirmed out in industrial applications. Digital twins for manufacturing, the growth of VR/AR in training and remote operation, and the institution of collaborative design environments are all already having sensible – and useful – impacts on trade. Some enterprises are holding off, content to say metaverse hype outpaced technology maturity. Meta has been rapidly developing VR and AR merchandise, and launched Codex Avatars, which use AI and smartphone cameras to create photorealistic avatars.

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