43 The Metaverse Overview : Vision, Technology, and Tactics | Metaverse tactics for enterprises 4. Metaverse tactics for enterprises 4.1 Metaverse development Defining Metaverse development depends on how immersive the experience is, user scale, the smartness of AI technology, and how much humans rely on the virtual world. Our predictions for Metaverse development are based on the key factor of "ownership of governance". There will be five stages in the Metaverse development: We are currently in the agrarian age when primary applications spread rapidly. A huge amount of new enterprises and services are emerging, and most of them can find their niche because the Metaverse remains a This chapter explores the future stages of the Metaverse, major potential risks, the attitude to NFTs in China, and how companies should respond to Metaverse opportunity. "blue ocean" market. Big companies are accumulating experience across the Metaverse, while startups thrive on segmented portions of the Metaverse, similar to how people fed themselves in the agricultural age. This stage will only last around 10 years) as the public is already forming a consensus on how much value the Metaverse brings. The next stage will be oligopoly after the biggest companies achieve their strategies and stop accumulating, having gained the largest slice of the market. This stage will last for around 20 years as these giants build high barriers to competition. The Metaverse will then enter a symbiosis of virtualization and reality. People will shuttle back and forth between the virtual and real worlds. Virtual humans and AI will enter many scenarios, interacting and coexisting with humans. The length of this period depends on technical breakthroughs in AI. Finally, the virtual and the real will compete with each other. This will happen after around 50 years when virtual humans are intelligent enough and even surpass the average intelligence of human beings, being able to compete with humans for control. Figure39: Development stages of the Metaverse Source: Deloitte analysis Primitive Society ~2020 Oligopoly 2031- 2050 Symbiosis of Virtual and Real 2050 - 2070 Farming Stage 2020~2030 Game of Virtual Reality ~ 2071 The technologi- cal rudiments of the Metaverse emerge The primary Metaverse form lands. The Metaverse is a blue ocean A few Metaverse giants appear, creating an oligopoly Humans use the virtual world to the same extent as they use the real world The game of the Wisdom of Virtual Humans vs Human Control of the Metaverse

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