If there are any doubts about the seriousness of the internet moving into three dimensions, then look to China, which is planning a series of different virtual worlds able to host not tens but hundreds of millions of avatars. The idea is to attract people (as avatars) from around the world to come and buy Chinese goods more cheaply from source. In this way they plan to capture the value added to a shirt that leaves a Chinese factory for a dollar but is sold in London for $20. Since the West is virtually - sorry, actually - living off this 'value-added' revenue at the moment, our manufacturing base already having emigrated to China, the economic implications are ominous.
Monday, November 17, 2008
Victor Keegan in the Observer :