Social Impact and Educational Potential Using Metaverse

The Metaverse as a Force for Education & Equality - Saqr Mashhor Ereiqat | Everdome

In this episode, published on 2024/04/23, TDMM.io CEO Sakul Mashoor Ereikat discusses how the metaverse can positively impact the human experience as a whole through education and by reaching out to isolated parts of the world. He also delves into other topics such as AI and the multi-billion dollar potential of the metaverse. About Sakul Mashoor Ereikat: Sakul Mashoor Ereikat is a visionary leader in the fintech, blockchain, healthtech, and government tech space, a partner at TradeDog Group, and co-founder of Crypto Oasis Ventures and Riddermark, he leverages his expertise to nurture startups and help shape the technology strategies of large institutions. Ereikat has more than 13 years of experience in IBM Middle East and Africa, where he co-authored the company's first government blockchain methodology and played a key role in shaping the Dubai government's blockchain strategy. His influence has led projects in 23 countries, 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 the industry.

Social Impact and Education

• 🌍 Using metaverse technology to provide free services to children in conflict areas is a powerful and exciting application of technology.
• 💬 Metaverse has the potential to address the prevalence of loneliness by allowing people to meet and interact from anywhere in the world.
• 🎮 The idea of holding a concert with 70 million people in a virtual space like Fortnite opens up new possibilities for social impact and education.
• 🧠 Potential to use the metaverse to expand reach for social benefit, including education and sharing of knowledge on various topics.
• 🌍 Metaverse can provide people in poor countries with access to education and resources, allowing them to learn skills that would not have been possible in a physical setting.
• 🌐 He emphasizes the importance of education and self-education, and stresses the availability of free courses from top opinion leaders at Princeton University.
• 🛍️ The potential for a virtual shopping experience where individuals can scan themselves and receive personalized recommendations based on their body type and preferences is a breakthrough for the retail industry.
• 🧠 "Big business is always big business, but a new graduate can wear the best jacket in the world. He has to sell half of his kidneys. - Sakr Mashor Ereikat
• 🌍 The potential of the metaverse to make education and resources widely available to everyone with the right willpower is a game changer.
• 💡 Metaverse has the potential to eliminate the need for people to go without essential resources by providing free treatment, access to spare parts, and education about water filtration.

Ethical and Responsible Use of Metaverse Technology

• 🌐 I believe in the revolutionary nature of Metaverse and support its development, but I also recognize the need for responsible use and supervision, especially for children.

Metaverse has the potential to revolutionize education, social impact, and access to essential resources for people around the world.

• 00:00 🌐 The United Nations uses metaverse tech to help Afghan children. Speakers with fintech backgrounds will discuss the various definitions and potential risks of metaverse.
  • The United Nations has introduced Metaverse technology to provide free services to children affected by conflict in Afghanistan. This demonstrates the potential of Metaverse to improve people's well-being.
  • The speaker has an impressive background in fintech, blockchain, and healthcare, including experience at IBM and in shaping Dubai's blockchain strategy.
  • Speakers will discuss the various definitions of the metaverse and the lack of a leading metaverse, and will emphasize the open playing field of the Web3 space.
  • The speaker, a father of three, sees revolutionary possibilities, but he also has a personal responsibility to ensure that his children are not swallowed up by the metaverse.
• 05:06 🌐 Metaverse has the potential to address skill mobility, isolation, and mental health concerns, be a force for social good and education, provide access to specialized skills, and remove boundaries.
  • Because the metaverse is open and decentralized, people can share expertise and interact globally, addressing issues of skill mobility and isolation.
  • Tiësto held a concert at Fortnite with 70 million attendees, and speakers believe the Metaverse can be a force for social good.
  • The UAE Ministry of Economy hosted a Metaverse Roundtable in 2022 to demonstrate the potential of using metaverse for social contribution and education.
  • The potential of the Metaverse 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.
  • Metaverse has the potential to provide access to education and professional skills to people in poor countries, remove borders, and improve overall intelligence levels.
• 14:09 🌐 Metaverse has potential for education and equality, but ethical implications, privacy concerns, and the need for regulation and oversight must be considered to avoid exploitation 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.
  • The speakers will discuss the potential implications of granting rights to avatars in the metaverse and the importance of implementing mechanisms such as blockchain to protect against exploitation.
  • Speakers will discuss the use of the metaverse for education and equality, emphasizing the importance of ownership and control of personal avatars and the need for awareness and regulation in technology.
  • AI and technology have already been used in harmful ways. It is important to examine the ethical implications and standards in the metaverse to avoid repeating past mistakes.
  • Governance of AI is a concern, and Metaverse raises similar issues regarding regulation and oversight.
  • The speakers believe that government regulations cannot keep up with the pace of technology and that a leader-driven approach, such as the UAE's, is more effective in developing and implementing regulations.
• 24:13 🌐 Industry leaders need to define the rules of the metaverse, with a focus on educating children, developing responsible AI, and the potential for virtual experiences in various industries.
  • Industry leaders should get together to define rules and regulations for the use of the metaverse. Especially when it comes to children, as they are the center of this topic.
  • Speakers will emphasize the importance of educating children to understand and overcome the potential pitfalls of technology.
  • Speakers will emphasize the importance of responsible development of AI and encourage self-education through free online courses offered by leading thought leaders.
  • Speakers will emphasize the importance of self-development and talk about the potential for companies and traditional brands to benefit from the metaverse.
  • The potential of the metaverse in industries such as sports, entertainment, fashion, and music to provide virtual experiences and opportunities for customers to try on clothes and attend events without being there.
  • The potential of Metaverse to revolutionize retail and commerce, and the potential to protect traditional department stores and street-level stores.
• 31:08 🌐 The Metaverse will allow global access to immersive concerts and experiences, creating new opportunities for artists and communities.
  • DJ Testo hosted concerts in the Metaverse, and Fortnite hosted concerts by DJs like Marshmello and Diplo, making them accessible to a global audience at a low cost.
  • Metaverse could enable large-scale immersive gatherings, potentially bringing millions of dollars in revenue to developers, artists, and marketers.
  • Metaverse removes upfront costs and opens unprecedented opportunities for experience and interaction.
  • In the Metaverse, it is easier and more accessible to bring music to the world and create communities around it than in the traditional Web 2 world.
• 35:33 🌐 Speakers will discuss the potential impact of metaverse and blockchain on education and equality, highlighting the early stages of technology adoption and its potential to level the playing field for small entrepreneurs.
  • The speakers envision a future where technology enables a personalized and efficient shopping experience through body scans and virtual material testing.
  • Speakers will discuss the potential for the metaverse to level the playing field for small entrepreneurs and the uncertainty of predicting when virtual living will become widespread.
  • Blockchain and crypto are still in the early stages of adoption, and the growth curve may not be as rapid as the Internet.
  • The technology is still in its infancy, with a small number of users and relatively small market capitalization, placing it in the early stages of technology adoption.
  • The potential of the metaverse and blockchain is in its infancy, and speakers are curious about its potential and potential impact on education and equality.
• 41:31 🌐 Metaverse provides equal access to education and resources, allowing everyone to learn and excel in a variety of fields.
  • The world has an abundance of information and resources, and the idea of scarcity is a lie.
  • Metaverse can lead to a world of greater efficiency and access to expertise, where everyone has the opportunity to learn and excel in a variety of fields.
  • Education and resources should be made widely available so that anyone with the will can learn any technology in the world.
  • Metaverse has the potential to provide education and resources to people around the world, bringing greater equality and access to knowledge and wealth.
• 45:32 🌐 Connect with Saqr on LinkedIn and Twitter to follow his progress and engage in conversation.