Macron Wants a “European Metaverse”: What Is It?

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Whether we love him or hate him, there is one quality that must be recognized in Emmanuel Macron: his sense of incongruity

Whether calling Gérard Majax or using outdated terms (“snoop around”; “perlimpinpin” and so on…), the president’s rhetoric is laced with archaisms designed to entice his voters…

… and at the same time ® constantly focused on the future, on the world after as evidenced by one of his last statements:

Emmanuel Macron wants a ” European Metaverse ie involving EU Member States, or even the EU as a whole, in the development of a virtual universe which will provide space for spaces, events, activities and private companies.

I didn’t know what to think then…

– In a way I welcome the desire to develop European technology sectors† Dependence on the US technology park is an intolerable renunciation in terms of sovereignty.

– The other, I am always wary of “European” initiatives : we are talking about an institutional set of which democratic legitimacy is more than questionableand whose socio-economic orientation is ultra-intrusive (see only the treatment reserved for cryptos)† Should an unelected public structure be left to lay the foundation for a new technological universe? Is there no risk of authoritarian drift, like the ghost of a digital euro?

Then I realized I’d gotten a little carried away: As is often the case in politics, the announcement effects are far from reality…

This is not a Metaverse

So yeah, talk about European Metaverse when you are in the countryside, you dream of it. But inevitably the journalists behind it ask questions…

And it’s Cédric O, the Secretary of State for Digital, who provides the details:

The project is not to create a public metaverse, but support for certain underlying technologies, starting with graphics engines† For example, by creating European competitors for American engines, the most widely used in the video game industry.

we go from European Metaversewho had the same journalistic ‘sea serpent’ potential as the famous Defense Europe

… to a support plan for the video game industry, in short!

As a reminder, the Metaverse is a interactive virtual universe in which users could interact through avatars and virtual reality equipment. It’s like a 3D version of the internet, ultra immersive, where you can simulate almost anything.

It’s not “just” about graphics engines.

Moreover, the European Metaverses already exist: one of the most advanced and acclaimed ecosystems, The sandpitis French.

Like what, when you want, you can’t always be in the middle of it.

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Behind marketing, real issues of sovereignty

Okay, I’m done teasing the president-elect. It’s fair game, but It shouldn’t distract us from the real problems.

The Metaverse will emerge from a range of technologiesfrom the code that makes up the architecture to the VR devices that enable access to it.

For the time being, these technologies are largely derived from American bands† However, it will be necessary to encourage the development of European sectors, as the public and/or strategic applications of the Metaverse are many… it would be harmful to have our data hosted by other powers and have full access to confidential information.

Among the possible applications of a public and/or European Metaverse, here are two concrete examples:

1) the industrial Metaverse : to take Airbus, for example. European flagship of aviation, with headquarters in Toulouse and offices in Germany, United Kingdom, Spain…

For a strategic company of this size one can imagine the creation of a virtual factory where engineers from all countries, designers, logisticians…

The idea would be to organize 100% Immersive Meetings and workshops where one could model parts in 3D and test ideas with all the brains of the company involved in the same way in a common place.

The same goes for most multinational industrial groups: 3D design and modeling has a lot to gain from developing a Metaverse adapted to the needs of engineers, especially when teams need to communicate remotely.

2) Virtual cities and public management : managing a metropolis, between urban planning, traffic management, expansion projects… is not easy.

However, the Metaverse would allow, powered by a good AI, to simulate the city you manage in a virtual 3D universe, to allow you to test and repeat the development of new districts, new axes… to check how the whole behaves when you modify one or more elements.

Because this is one of the great advantages of the Metaverse: become a laboratory of change where everything is possible and where you can experience everything.

You imagine that other more sensitive applications could be developed:

– modeling of virtual nuclear sites;

– confidential remote meetings, in an ultra-secure Metaverse;

– virtual training of intervention troops and soldiers as close to reality as possible.

You now understand the importance of master these technologies on a national scale (or European).

Who is Mark Schneider?

Marc Schneider is the founder ofArgo Editions, a financial publishing and investment research firm. The free newsletter brings in more than 60,000 readers every week.

Old Risk managerMarc helps his readers understand the inner workings of investing in the stock market and cryptocurrencies to take control of their financial future.

The newsletter covers various topics: new technologies, cryptocurrencies, investment psychology or even geopolitics… with a common denominator: understand the world around us to better manage your finances

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