conferences he speaks at. An outspoken critic of tech titans, Galloway once again showed off his viperous tongue when he took the stage at the South by Southwest ( SXSW ) conference in Austin on Friday, where he ripped apart the concept of the metaverse to which Meta so enthusiastically entrusts its own future.
,” says Galloway. Over the past two years, Mark Zuckerberg has shown himself incapable of diversifying his company’s revenue streams and transforming Meta, even though pressure from regulators and markets has been extraordinarily high. “I have no confidence in Zuckerberg’s leadership ,” says the American professor.
In his SXSW presentation, Galloway also referred to Oculus' virtual reality headset as one of the great technological failures of the decade. However, Galloway deliberately avoided mentioning this fact: last year, consumers bought more Meta's virtual reality headsets than Microsoft's gaming consoles.
Apple would have a better chance of thriving in the metaverse than Meta
Galloway believes Apple is much better positioned than Meta to really capitalise on finland number data the metaverse. Apple has the iPhone, its App Store and especially its AirPods in its favour, which will provide users with easy access to the metaverse in its auditory aspect. “For me, the metaverse is more about hearing than seeing. So I think Apple is clearly ahead of Meta in its approach to this concept,” Galloway says.
That Apple is supposed to be a first-rate "player" in the metaverse contrasts, however, with the idea that this concept is destined to be an open scenario outside of the "walled gardens" where blockchain technology is the democratic basis of the entire system.
Galloway also predicts that the market value of OpenSea, the largest NFT marketplace, will soon double. The professor's prediction, however, is at odds with the trend that has been echoed for some time by the American media, which points to a progressive decline in NFTs.
According to Galloway, NFTs will continue to gain in importance in the luxury industry , so much so that Chanel could eventually launch its own cryptocurrency. “The scarcity of digital goods fits the luxury industry like a glove,” says Galloway. Beyond the luxury sector, spor