The metaverse remains relevant, although expectations have changed significantly since it became a major technology trend in the early 2020s. Consumer adoption has been slower than many expected, but businesses continue to use immersive technologies for product design, employee training, and virtual models of real-world facilities. Companies such as Meta Platforms continue to invest heavily in the technology through initiatives like Reality Labs, even as the industry’s attention—and much of Meta’s own focus—has shifted to generative AI.
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