Facebook is planning to hire 10,000 people in the European Union to work on a new computing platform, metaverse. It will help connect people using augmented reality and virtual reality.
Metaverse is a virtual platform through which people can communicate, work and play games virtually. According to the Facebook blog, “The metaverse has the potential to help unlock access to new creative, social, and economic opportunities. And Europeans will be shaping it right from the start.”
The new job that will be created will include highly specialised engineers. Facebook has invested $50m (£36.3m) in funding non-profit groups to help “build the metaverse responsibly”. The organisation said that the metaverse “won’t be built overnight by a single company” and promised to collaborate. It also said that it will take 10 to 15 years for a metaverse to be a reality.
Metaverse means virtual worlds where land, buildings, avatars and even names can be bought and sold, often using cryptocurrency. In these environments, people can wander around with friends, visit buildings, buy goods and services, and attend events. The concept gained popularity during the coronavirus pandemic that caused the lockdown.