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This is the future of the internet | ticker VIEWS

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The future of the internet is augmented reality, virtual reality, and spatial computing technology

Cathy Hackl is a leading technology futurist. A futurist helps organisations anticipate change, retain market relevance, and imagine the possible scenarios that could play out.

Hackl harnesses emerging trends and emerging technologies to do this. She is a top female in the global technology space, specialising in augmented reality, virtual reality, and spatial computing. With a big emphasis on understanding the metaverse.

What is the metaverse and why should we be paying attention?

The Metaverse is defined broadly as the intersection of many virtual worlds with the physical one.  In today’s society, we have our physical person, but we also have our digital persona.  Our digital persona is who we are on LinkedIn, Instagram, TikTok, or other social media platforms.

The Metaverse is a convergence of both the physical and the digital, to become the next version of the internet and computing. Growth in the metaverse will accelerate, as new technologies like virtual reality and blockchain, gain further mainstream adoption.

“Web 1.0 connected information gave us the internet, web 2.0 connected people give us social media, and then web 3.0, where we’re heading connects people, places, and things.”

Cathy Hackl

The virtual workforce

Metaverse is becoming a more common term in business. Moving into the future of this technology businesses will need the cloud and cutting edge computing. Every single industry, can use these technologies, with virtual reality or augmented reality.

Hackl says she has worked with companies like Amazon Web Services and United Parcel Service where they’re implementing this virtual technology for productivity.

“They had already started training their drivers, their logistics and delivery drivers using virtual reality. Whether it is training and upskilling in the workforce, whether it is the education of medical students doing operations on digital courses before they actually get to the operating room.”

Cathy Hackl

From the Defence force to Government, virtual reality is the future of the workforce for training, as well as policy design.

 “Being able to put lawmakers in the device and show them you know, exactly some of the things that you might be envisioning, or that you know, are part of the fence might be requesting funds for.”

“Businesses need to think about technologies, not as a toy, but as a tool” 

Cathy Hackl

What to keep your eye on

Hackl says there will be two things to watch in this immediate space. Firstly, it will be non-fungible tokens (NFTS), moving away from crypto art or collectibles but into becoming a utility themselves. Secondly, we will see an increase in virtual fashion and virtual dresses, where you will be able to change the outfits of your digital persona.

Holly is an anchor and reporter at Ticker. She's experienced in live reporting, and has previously covered the Covid-19 pandemic on-location. She's passionate about telling stories in business, climate and health.

Business

Germany recalls Tesla models due to emergency fault

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Tesla is in the spotlight again, with Germany’s road traffic agency recalling models Y and 3 due to a fault in the automatic emergency call system

It’s a fault that could possibly impact around 59,000 vehicles globally.

Germany’s watchdog says a software flaw is causing a breakdown of the e-Call, a system designed to alert authorities after a serious accident.

The glitch follows the company delivered almost 18 per cent fewer electric vehicles in the second quarter than in the previous.

This is largely due to China’s Covid-19-related shutdowns and the ongoing supply chain crunch.

Meanwhile, CEO Elon Musk says Tesla’s new factories in both Texas and Berlin are “losing billions of dollars”.

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Tech

TICKER NEWS is available on podcast apps

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For the first time, TICKER NEWS is now available on podcast apps, allowing you to hear the latest news, plus special programs

TICKER NEWS is now available as a podcast.

You can catch up on the latest news, or programs devoted to special topics including U.S. politics and TICKER AIR.

TICKER CEO Ahron Young says:

“TICKER always puts the story first. Video is in our DNA, but we want TICKER content to be available however our audience wants to enjoy it.”

“We are putting significant resources into TICKER content to make sure we get to the heart of the stories we cover.”

TICKER AIR is one of the podcasts available from TICKER

The first podcast to air is TICKER AIR, cohosted by Ahron Young and Geoffrey Thomas from Airlineratings.com

Every day, two full world news bulletins will be available, as well as three special documentary programs.

TICKER podcasts are available daily on Apple Podcasts, Spotify and Google Podcasts. Just search TICKER NEWS to subscribe.

APPLE PODCAST – https://podcasts.apple.com/au/podcast/ticker-news/id1632145760

SPOTIFY – https://open.spotify.com/show/3iidnXUXPDVWG2QMEhN0Kt?si=e2e195a8ee584fa6

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Business

Big tech stocks tumble amid market uncertainty

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Big tech companies are struggling in the markets this quarter as interest rates rise to battle inflation

Russia’s invasion of Ukraine has devalued tech stocks causing further supply chain disruptions and sending the broad S&P 500 index down about 5 per cent.

Rising interest rates triggered more severe plummets with the S&P dropping another 16 per cent and the Nasdaq Composite index by 22 per cent.

Tesla’s stock took a huge hit sinking to nearly 38 per cent its largest decline since 2010.

Amazon saw similar results falling by 35 per cent the most in over 20 years.

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