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Jinny Yan
Chief economist, China
ICBC Standard Bank
Rebecca Fatima Sta Maria
Executive director
APEC Secretariat
Fukunari Kimura
Chief economist
Economic Research Institute for ASEAN and East Asia (ERIA)
Christopher Clague
Managing editor, Asia, and global editorial lead, trade and globalisation
The Economist Intelligence Unit
Christopher Clague
Managing editor, Asia, and global editorial lead, trade and globalisation
The Economist Intelligence Unit
Guy Scriven
Climate risk correspondent
The Economist
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Asia Trade Week 2021
Reviving trade: The way forward
February 22nd - 25th 2021, Hong Kong
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Over the past two to three decades, consumers have gone from chunky desktops to laptops to mobile phones; from dial-up phone lines to fibre-optic broadband and high-speed wireless access technologies such as 5G; from texts to photos to videos. This evolution has been driven by advances in computing power, network infrastructure and the emergence of new communications standards and platforms. The advent of the metaverse is the next logical step in this evolution. Already, millions of people interact in 3D gaming worlds.
But what challenges need to be overcome in hardware, connectivity and standards if the metaverse is to become as widely adopted as smartphones and the current internet? Improvements will be needed in semiconductors, display technology and sensors. Fast, reliable connectivity will be vital. Perhaps most challenging of all, metaverse technologies and tools developed by different firms must be interoperable and follow common standards to ensure an open and inclusive metaverse.
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