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Are more and more consumers taking part in video chats and thinking to themselves that “it could have been a lot easier as a phone call”? Especially when some people who have no idea how to use a computer in a video call are involved, let alone connect to a video. Add new complications (including but not limited to) sending e-invitations, downloading new software or applications, fixing / delaying technology issues, deleting personal data, and paying for services. our usual utility costs, and the plot thickens.
In this post-pandemic era, the vocabulary has gone from being a “let’s call” to a “let’s make a video conference,” says Ali Hashemian, president of Kinetic Financial. This has been very helpful in continuing to drive revenue in the technology industry in this socially prone economy. Although Hashemian’s specialization is not related to social media or technology in general; his experience is in financial planning. So how do we assess all of these technology trends — and specifically metaberse — from a financial / investment perspective?
Hashemian goes on to explain:
“Don’t get me wrong, I think video conferencing technology (especially the ability to share visual information virtually and remotely) is a very powerful tool in almost every industry. The question is not “yes or no” but “when, why and how”.
“Let’s look at a couple of successful stock stories in history; I want you to ask yourself the same questions I asked you. If you’re thinking about Amazon (NASDAQ 🙂 or Tesla (NASDAQ :), “yes or no” doesn’t seem to matter. And ‘when, why and how’ has always seemed obvious to us.
“Let’s move on to a more important and less obvious example: the blockchain (specifically cryptocurrency). The ‘yes or no’ was much harder for investors to decipher, and still is. But looking at ‘when, why and how’ was almost uncertain. We were in the age of digital search (when) Other asset classes soared, so investors were looking for opportunities but didn’t want to invest in traditional currencies and products (why) Blockchain is a digital, alternative and private way to invest he offered (how).
“Let’s look at the augmented reality that was a few years ahead of the blockchain. Most “yes or no” questions seem to answer yes. Who wouldn’t want to read your text messages aloud, record everything you saw that day, and wear glasses that will let you know the temperature in real time? But if you think from the “when, why, and how” position, a different picture is painted.
“Actually, we already had our smartphones and that allowed us to get the same information; but instead of constantly conveying all this information through glasses, we get it by asking on our phone. At a time when people want to control the impact of technology on their lives, augmenting reality was not in line with our social trends (when). Since we had so many opportunities to provide the same information without adding augmented reality technology, there was no real practical reason (why) to adopt the new technology. To use augmented reality, you’d have to integrate a new device that would be expensive and maybe change your image, like glasses, or look at your phone’s camera for the rest of your life – pretty absurd from a practical point of view (how).
“I think it’s too early, from an investment standpoint, to determine the financial value of a metaverse. However, it’s important to put on your financial glasses (without gambling) when deciding on your money strategy. It can be a good opportunity to test your rational investment skills. Does “When, Why, and How” create demand for a three-dimensional internet existence, or are you following the simple investment approach of “yes or no”?
MAGAZINE WOMAN
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