In 1973 John F. Mitchell and Martin Cooper demonstrated The first handheld mobile phone.
Motorola DynaTAC 8000X.
It was a revolution back then.
Just imagine for a moment.
For the past 100 years since the invention of the telephone, it had to be connected with
wires, and you couldn't take it with you anyway.
It wouldn't work unless it's plugged into all of these wires.
The telephone was magic when Graham Bell invented it.
How is it possible to talk to someone in another city through a piece of plastic connected
to some wires?
But Motorola DynaTAC 8000X was just the beginning because what was about to come couldn't be
imagined even by the greatest minds of that time.
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The mobile revolution just began.
1989, Nokia revealed its first mobile phone, and it weighed almost a kilogram (800g).
Other players like IBM quickly jumped into the industry, and with the invention of the
Internet, mobile phones looked like the future.
Back then, computers were these giant machines with boxy screens that looked absolutely ugly.
I guess gen Z will never understand what we went through.
In 1999, blackberry changed the industry by releasing a phone that supported email, and
you could browse some internet.
If you compare that with what your phone can do today, that sounds silly.
The tiny smartphone that perfectly fits into your pocket is more powerful than a thousand
giant computers just 20 years ago.
The question how did we go from this (first ever phone ) to this (latest iPhone)?
!! It sounds easy when you look back, but back then, it was as difficult as today predicting
the future.
When John I've presented the idea of a touchscreen to Steve Jobs back in the 2000s.
Some of the senior Apple engineers doubted the technology and took Apple 4 years to make
the technology work.
That's why when Apple got into the phone business.
Their competitors like blackberry or Nokia couldn't immediately compete with apple since
they didn't have the technology that Apple did, and it took them years to build a touchscreen
that's practical and strong enough not to break up easily.
But for the past 20 years.
Something else has been happening—something we didn't plan.
Something not even the world's biggest corporation knew was happening.
In the last few years, we have collected more data than we did in entire human history,
and that's because of the Internet.
Everything that's done through the Internet is stored somewhere on the Internet.
! When researching for this video, I wanted to take a look at what happened to my old
emails when I created them back when Yahoo or Hotmail was popular.
To my surprise, they are still active, but I no longer have access to them.
But I went a little deeper, and I realized that I had dozens if not hundrеёeds of different
accounts across different websites.
If you compile them together, you can create a virtual version of myself.
For the past two decades that I have been using the Internet, I have created a virtual
identity.
But it's not just me but everyone else.
In fact, those who are born in the last 10 or 15 years are growing with smartphones in
their hands and literally creating a virtual identity right from the beginning.
So the virtual reality isn't a far-fetched sci-fi idea, but it has been happening for
over two decades.
When we throw words like metaverse or virtual or artificial reality, it sounds so futuristic
that we might not be able to experience them within our lifetime.
But the truth is that the revolution has been happening all along.
Think about how much of what you do is happening in real life and how much in the virtual world?
At first thought, you might not realize anything unusual.
But the average person spends 59 hours a week using the Internet.
That's around eight-and-a-half hours a day.
Over 1/3 of your time is spent in the virtual world.
It might not feel like that because currently, we are experiencing virtual reality through
screens, and it doesn't feel like it's virtual reality.
But there, on the Internet or the virtual world, you can be whoever you want.
However, you want to.
Through your Instagram, you can make yourself look like you are a successful entrepreneur,
a doctor, or travel even if you are not that person in reality.
Ask yourself, does your life look like the impression your Instagram profile gives?
Probably not!
Think of zoom calls.
It's literally an experience where all of you get into this virtual world to have a
chat while not getting out of your bed.
We came to a point where we interact, entertain, date, learn or even work in this virtual world.
! In 2020, Travis Scot conducted his first virtual concert, where 12 million people attended.
These numbers seem unreal because getting 12 million people into one place is physically
unreal.
That's an entire city like new york.
People could fly, fight, get out of the planet while watching how a giant Travis Scot performs.
Youtube is filled with videos of his concert as they experienced it.
Travis earned 20 million dollars out of this concert.
Not bad!
But he is not alone.
Ariana Grande had her first virtual concert in August, and Justin Beiber is on the way
as well.
Fortnite is a metaverse by itself.
The only problem is that right now we are experiencing the metaverse through screens.
But we are about to experience the metaverse in 3D.
We already have Oculus, PlayStation VR, HTC Vive, Microsoft HoloLens.
If you haven't tried them, they are really cool.
Playing games in Oculus is a completely different experience.
But it's not quite there.
There are heavy, big and uncomfortable, and there are limited things you can do.
But that's exactly how phones used to be back in the day.
Remember the first phone?
It took us almost 25 years to go from this (first phone) to smartphones, so it's a matter
of time before we have the VR headsets that are not heavy and comfortable.
It seems like we need a much shorter period of time since we have the infrastructure in
place.
Just think for a moment what we can accomplish when VR headsets will be as comfortable as
smartphones are today.
However, there is another question; whos metaverse are we going to use?
Everyone seems to be building his own metaverse.
Facebook changed its name to Meta is trying to create its version of the metaverse.
Microsoft, Fortnite, Nvidia all are creating their versions of the metaverse.
So, Which one are we going to use?
Back in the days when the Internet just emerged.
It wasn't the way it's today.
You couldn't just google stuff to find them out.
The only way you could access a website is by finding out the name of that website through
someone or something.
But today, the Internet has improved to the point where we can google stuff, download
apps, and interact through social media.
And metaverse is on the way to be there.
We have crypto as the virtual currency, NFTs as virtual ownership, and blockchain to decentralize
everything.
People might still doubt this virtual world, especially when it comes to virtual currencies.
At the end of the day, it all comes down to what we give value.
When you think of the US dollar, what is it backed by?
Nothing except our faith in it!
In the past, currencies had to be backed by gold or a commodity, but that has changed
since 1971.
As long as people collectively believe that this piece of paper is worth this much, it's
going to worth that much.
We believe that the government is going to enforce this currency, but when it comes to
cryptocurrencies like bitcoin, for example, our faith in it derives from the fact that
it's a decentralized system that we all can keep track of.
In other words, we can give value to anything as long as we all decide to do so collectively,
even if it's a piece of paper with some numbers and pictures on it.
Most of what I said sounds a bit too futuristic, but we already have virtual influencers.
This is lilmiquela.
She has 3.1 million followers on Instagram.
She creates content, promotes sponsored products like we sometimes do.
The only difference is that she doesn't exist in real life.
But people don't seem to care.
They like her pics; comment and follow here.
In the next 5 years, more and more companies are going to present their VR headsets.
In fact, I believe apple's next big thing is going to be a VR headset.
For the last few years, Apple has failed multiple patents that prove that they are working on
such a technology.
If they can do with VR headsets what they could do with smartphones and smartwatches,
it's going to revolutionize the entire industry.
But until that happens, you can virtually learn how the stock market works by checking
out my course on Skillshare that you get for free using the link in the description.
And 2 free stocks from we bull.
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