Metaverse insurance preparations, AI, AR, VR

The metaverse is a broad term that refers to a multitude of technologies--some of them including augmented (AR) and virtual reality (VR). The idea is that we can perform regular activities like shopping, meeting people, and more in a digital space that doesn't exist physically. Although the idea of the metaverse has picked up recently, it's not as new as it seems. It actually goes back to 1968, when Ivan Sutherland built the first VR machine at Harvard, and its adoption in industries like gaming and shopping is already widespread. What is new is the rise of industries like insurance, finance, retail, and more getting into the metaverse.