The Metaverse as a Force for Education & Equality – Saqr Mashhor Ereiqat | Everdome
In this episode, released on 2024/04/23, Saqr Mashoor Ereikat, CEO of TDMM.io, talks about how the metaverse can positively impact the human experience overall through education and by reaching isolated parts of the world. He also dives deeper into other topics such as AI and the multi-billion dollar potential of the metaverse. About Saqr Mashoor Ereikat: Saqr Mashoor Ereikat is a visionary leader in the fintech, blockchain, healthtech and government tech sectors. As a Partner at TradeDog Group and co-founder of Crypto Oasis Ventures and Riddermark, he uses his expertise to incubate startups and help shape the technology strategies of large-scale institutions. Ereikat has over 13 years of experience with IBM Middle East and Africa, where he co-authored the company's first blockchain methodology for governments and also played a key role in shaping the blockchain strategy for the Government of Dubai. His influence spans 23 countries, leading projects and as an experienced investor with over 50 companies, he works closely with founders to define, create and implement their strategies to drive innovation across industries.
Social Impact and Education
- 🌍 Using metaverse technology to provide free services to children in conflict zones is a powerful and exciting application of technology.
- 💬 The metaverse has the potential to address the loneliness epidemic by allowing people to meet and interact from anywhere in the world.
- 🎮 The idea of hosting a 7000 million person concert in a virtual space like Fortnite opens up new possibilities for social impact and education.
- 🧠 There is the potential to use the metaverse to expand reach for social good, such as educating and sharing knowledge on various topics.
- 🌍 The metaverse can provide people in poor countries with access to education and resources, allowing them to learn skills that wouldn't be possible in a physical environment.
- 🌐 He stresses the importance of education and self-development, highlighting the availability of free courses from leading thought leaders at Princeton University.
- 🛍️ The possibility of a virtual shopping experience, where individuals can scan themselves and receive personalized recommendations based on their body type and preferences, is a game changer for the retail industry.
- 🧠 "Big companies are always big companies, but a fresh graduate can wear the best jacket in the world. He has to sell half his kidney." - Saqr Mashoor Eleiqat
- 🌍 The potential of the metaverse to make education and resources broadly available to anyone with the right willpower is a game changer.
- 💡 The metaverse has the potential to provide free medical treatment, access to spare parts, and education on water filtration, eliminating the need for people to go without essential resources.
Ethical and responsible use of metaverse technologies
- 🌐 I believe in the revolutionary nature of the Metaverse and support its development, but also recognize the need for responsible use and supervision, especially for children.
The metaverse has the potential to revolutionize education, social impact, and access to vital resources for people around the world.
- 00:00 🌐 The UN uses metaverse tech to help children in Afghanistan. Speakers with fintech backgrounds discuss the various definitions and potential risks of the metaverse.
- The United Nations is deploying metaverse technology to provide free services to conflict-affected children in Afghanistan, demonstrating the metaverse's potential to improve human well-being.
- The speakers have impressive backgrounds in fintech, blockchain and healthcare, including experience at IBM and shaping Dubai's blockchain strategy.
- Speakers will discuss the diverse definitions of the metaverse and the lack of a leading metaverse, emphasizing the open playing field of the Web3 space.
- The speaker, a father of three, sees revolutionary potential, but also feels a personal responsibility to keep his children from getting sucked into the metaverse.
- 05:06 🌐 The metaverse has the potential to address skills mobility, loneliness, and mental health concerns; it can be a force for social good and education, provide access to specialized skills, and break down boundaries.
- Because the metaverse is open and decentralized, people can share their expertise and interact globally, addressing issues of skill mobility and loneliness.
- Tiesto held a concert in Fortnite attended by 7000 million people, and speakers believe the metaverse can be a force for social good.
- The UAE Ministry of Economy will host a Metaverse Roundtable in 2022 to highlight the potential of using the metaverse for social contribution and education.
- The metaverse's potential lies in its ability to facilitate human connection through technology, address mental health concerns, and counter the anti-social effects of social media.
- Metaverse technology should be used for social good and be as open and collaborative as the Internet.
- The metaverse has the potential to give people in poor countries access to education and specialized skills, breaking down borders and raising overall intelligence levels.
- 14:09 🌐 The metaverse has the potential for education and equality, but we must consider the ethical implications, privacy concerns, and the need for regulation and oversight to avoid exploitative and harmful uses of AI and technology.
- The immersive nature of the metaverse creates a safe space for education and equality, but there are many potential pitfalls and privacy concerns to consider.
- Speakers will discuss the potential implications of granting rights to avatars in the metaverse and the importance of implementing blockchain-like mechanisms to protect against exploitation.
- Speakers will discuss using the metaverse for education and equality, emphasizing the importance of ownership and control over personal avatars, and the need for awareness and regulation of the technology.
- AI and technology have already been used in harmful ways, and it is important to consider the ethical implications and standards of the metaverse to avoid repeating the mistakes of the past.
- Governance of AI is a concern, and the metaverse raises similar questions about regulation and oversight.
- Speakers believe government regulations cannot keep up with the pace of technology and that a leader-led approach like the UAE's would be more effective in developing and implementing regulations.
- 24:13 🌐 Industry leaders need to define the rules of the metaverse, focusing on educating children, developing responsible AI, and the potential of virtual experiences across industries.
- Industry leaders should come together to define the rules and regulations for use of the metaverse, especially when it comes to kids, who are at the heart of this conversation.
- Speakers will emphasize the importance of educating children to understand and overcome the potential pitfalls of technology.
- Speakers will highlight the importance of responsible development of AI and encourage self-education through free online courses delivered by leading thought leaders.
- Speakers will highlight the importance of personal development and talk about how businesses and traditional brands can benefit from the metaverse.
- The potential of the metaverse in industries such as sports, entertainment, fashion and music could allow for virtual experiences and the opportunity for customers to try on items or attend events without being present.
- The potential of the metaverse to revolutionize retail and commerce, while protecting traditional department stores and street stores.
- 31:08 🌐 The metaverse will enable global access to immersive concerts and experiences, creating new opportunities for artists and communities.
- DJ Testo hosted a concert in the metaverse, while Fortnite has allowed DJs like Marshmello and Diplo to host concerts, making them accessible to audiences around the world at low cost.
- The metaverse will enable massive immersive gatherings, potentially generating millions of dollars in revenue for developers, artists and marketers.
- The metaverse removes upfront costs and opens up unprecedented opportunities for experiences and interactions.
- In the metaverse, it's easier and more accessible to get your music out there and build a community around it than it was in the traditional Web2 world.
- 35:33 🌐 Speakers will discuss the potential impact of the metaverse and blockchain on education and equality, highlighting the technology's potential to level the playing field for early adopters and small entrepreneurs.
- Speakers envision a future where technology enables personalized and efficient shopping experiences through body scanning and virtual material testing.
- Speakers will talk about the metaverse's potential to level the playing field for small entrepreneurs and the uncertainty of predicting when virtual living will become mainstream.
- Blockchain and crypto adoption is still in its early stages, and the growth curve may not be as rapid as the internet.
- The technology is still in its early stages, with a small user base and a relatively small market cap, placing it in the early stages of technology adoption.
- The potential of the metaverse and blockchain is in its early stages, and speakers are curious about its possibilities and potential impact on education and equality.
- 41:31 🌐 The metaverse will provide equal access to education and resources, allowing everyone to learn and excel in different fields.
- The world has an abundance of information and resources, and the idea of scarcity is a lie.
- The metaverse can enable greater efficiency and access to expertise, leading to a world where everyone has the opportunity to learn and excel in any field.
- Education and resources should be widely available so that anyone willing to learn any skill in the world can do so.
- The metaverse has the potential to provide education and resources to people all over the world, bringing greater equality and access to knowledge and wealth.
- 45:32 🌐 Connect with Saqr on LinkedIn and Twitter to follow his journey and join the conversation.