Friday, November 27, 2009, 5:12AM ET - U.S. Markets open in 4 hours and 18 minutes.

Virtual Worlds... Really?

Posted Sep 04, 2008 07:57pm EDT by Sarah Lacy in Investing, Gaming, Internet, Media, Venture Capital, M and A, IPOs

It's been a few years since Second Life went from hot to over-hyped, but overall investment and interest in virtual worlds is growing. Really. Not only is investment in the category up, as we last reported in April, but it was one of the biggest categories of innovation when Jason Calacanis and Michael Arrington evaluated thousands of companies for their TechCrunch50 competition. Expect examples of new virtual world technology and ideas to demo at the conference next week.

The biggest stunner? It's already a multi-billion business globally.

11 Comments

BIGZGUS101
BIGZGUS101 - Thursday September 04, 2008 10:18PM EDT

I don't think anyone quite realizes the technology that we are on the verge of seeing soon. I could care less about using it for games. I would particularly like to see it take uses in mental imagery and creation through artificial intelligence... I believe that we are much closer to this new tech than we thought. When man can turn mental images into digital images through nerve impulses

Yahoo! Finance User
Yahoo! Finance User - Thursday September 04, 2008 11:44PM EDT

You are quite right, BIGZGUS101. The implications of Virtual technology goes way beyond games. Scientists have for a long time been using Physics and Mathematics to predict a myriad of possible scenarios and various fields and this will provide another useful tool for them. The gaming industry will have played an important role (funding wise) in seeing the R&D through to this stage. It's therefore not hard to predict where the more pragmatic, and spectacular future applications will be.......

michelle
michelle - Friday September 05, 2008 12:23AM EDT

You're "Virtual World" technologies are going to ultimately create a world of Zombies. What's the real benefit?

Kevin C
Kevin C - Friday September 05, 2008 12:27AM EDT

More virtual worlds? Instead of trying to change the world (like in the early days of PayPal), these start-ups are creating alternative worlds. Socially, people will start spending more time interacting with virtual avatars than with real people; spending more and more time online instead of with their families and friends. Time is so limited already, now we have to spend time and money to exist in a virtual world? If this is a trend, its a worrying one.

Reedersong
Reedersong - Friday September 05, 2008 08:10AM EDT

Speaking of Bill Gates, have you seen that crazy commercial with him and Seinfeld?

Yahoo! Finance User
Yahoo! Finance User - Friday September 05, 2008 08:25AM EDT

Virtual Worlds are a great place for socially awkward fat dudes to pick up on chicks.

Joshua O
Joshua O - Friday September 05, 2008 08:38AM EDT

Sounds like a great way to increase the number of morbidly obese people here in the states and abroad. Did you notice that none of the avatars are obese? The physical cons definitely outweigh the pros of this new technology. It takes tremendous discipline to not get sucked in beyond a certain point by all this stuff. I'm actually starting to think it might be wise to make our computers pedal powered so that we could be pedalling while we are using them. Is it really that far fetched? The number of humongous people is just getting over the top here. I was trapped on the subway yesterday by an entire cluster of obese people. It felt so strangely surreal to be surrounded by them. It's time to wake up and move and also, to stop driving, incessantly, too.

KEN
KEN - Friday September 05, 2008 08:48AM EDT

Just another CB craze. It will be over in a flash. It will probably only survive in the porn world. Hey maybe it's a good thing, as it will keep all the freaks in a place where they can't hurt anyone. Do we need to develope technology to test pixels for rape?

Victoria
Victoria - Saturday September 20, 2008 10:49AM EDT

what is this

richwhite
richwhite - Sunday September 07, 2008 05:52PM EDT

I think hardware plays role in the VW space in the not too distant future - ala Edusim http://edusim3d.com

CoolC
CoolC - Wednesday December 17, 2008 04:46PM EST

cool cool jus lik me

Yahoo! reserves the right to refuse, or remove any comment that does not comply with the Yahoo! Terms of Service. The submission of spam, hateful, or obscene messages may result in the termination of your Yahoo! ID.
About Tech Ticker - Send FeedbackDisclaimer. Copyright © 2007 Yahoo! Inc. All rights reserved.
Copyright/IP Policy - Terms of Service - Privacy Policy - Help
Quotes delayed, except where indicated otherwise. Delay times are 15 mins for NASDAQ, NYSE and Amex. See also delay times for other exchanges.

Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes for NASDAQ, NYSE and Amex. See also delay times for other exchanges. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. Fundamental company data provided by Capital IQ. Financials data provided by Edgar Online. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and Morningstar Index data provided by Morningstar, Inc. Analyst estimates data provided by Thomson Financial Network. All data provided by Thomson Financial Network is based solely upon research information provided by third party analysts. Yahoo! has not reviewed, and in no way endorses the validity of such data. Yahoo! and ThomsonFN shall not be liable for any actions taken in reliance thereon. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.