Massive job cuts have been on the rise this year across the tech industry, and these days few jobs are seen as completely detached from the threat of layoffs. However, one sector that may have been considered relatively safe is that of the metaverse.
The metaverse, which refers to virtual worlds where users can interact with each other and manipulate digital objects in a shared, immersive environment, is closely related to mixed reality technology. In recent years, the investment and interest has been enormous.
The recent news that Disney is cutting its entire Metaverse division (about 50 people) has raised eyebrows as part of a much larger job cut of 7,000 people across the company. The team was working on how Disney could leverage existing intellectual property, for example by incorporating augmented reality into Disney theme parks.
Microsoft is also closing the Industrial Metaverse Core Group, a team of about 100 people, as part of a larger job cut announced in January. Generative AI is a big bet for the company, investing his $10 billion in OpenAI, the makers of ChatGPT, making it his third investment in the technology.
But, of course, it was Mark Zuckerberg’s Meta that pioneered the metaverse in the last few years. The company spent his $36 billion on the Metaverse, but appears to be pulling back as it focuses on a vaunted “year of efficiency.”
“Our primary work in building the metaverse and shaping the next-generation computing platform continues to play a central role in defining the future of social connections,” Zuckerberg said in announcing the layoffs. said in a blog post.
In fact, the Metaverse is still important to the company, but AI is the top dog. “Our biggest investment is advancing AI and building it into all of our products. We have the infrastructure to do this at an unprecedented scale, and the experiences it enables will be amazing. I think,” he said.
Main metaverse job
Given all this, is the future of Web3 in doubt? The term is attributed to the next phase of the Internet. Decentralized and powered by blockchain, AI, and ML, the Web3 is an emerging technology landscape that includes many underlying technologies, implying the need for new and evolving job roles.
So even if the Metaverse dream flickers, there’s plenty of room for the idea of a third iteration of the Internet. Below are some of his Web3 roles that may have many more in the future. For more information, see the Information Age Jobs Board.
1. Blockchain developer
Blockchain has great reach across sectors including health, finance, education, and more. The rise of decentralized applications (dApps) built on blockchain technology will increase the demand for developers who can create and maintain these applications.
2. Smart contract engineer
Smart contracts, self-executing programs based on if-then logic, are on the rise and the smart contract market is expected to grow at a CAGR of 23.5% from 2022 to 2032. As smart contracts become more prevalent in various industries, we need engineers who can design, develop, and deploy these contracts.
3. Decentralized Finance (DeFi) Specialist
DeFi is an emerging industry aimed at providing financial services using decentralized technologies such as blockchain. As such, you may need experts who can design, develop, and implement DeFi solutions.
4. Virtual Reality (VR) Developer
Virtual and augmented reality technologies are expected to grow, requiring developers who can create immersive experiences for their users. The Senior Build Engineer – Metaverse role is available at Improbable, known as the “Metaverse Technology Company”. We design the infrastructure to support our customers and adapt to their changing requirements.
5. Cyber Security Specialist
As the use of blockchain and other decentralized technologies increases, we need experts who can ensure the security of these systems and prevent hacking and cyberattacks. Informa Global Support is looking for a Senior Cyber Security Analyst in London. Responsible for developing and documenting standards, processes, and processes for identifying, detecting, protecting, responding to, and remediating cybersecurity threats and attacks.
American Express Global Business Travel is also looking for a Cyber Security Analyst in London to implement, manage, monitor and upgrade security measures to protect corporate data, systems and networks.
Kirstie McDermott works for job board partner Jobbio. She is based in Dublin and has been a writer and editor for her print and digital platforms for over 15 years..
For more Web3 jobs, visit the Information Age Jobs Board today.
Related:
Differences Between Web3 Security and Web2 Security for Business — Investigate how Web3 security differs from Web2 security and what organizations leveraging Web3 capabilities should consider.
Q&A: Promoting Web3 Accessibility for an Underrepresented Group — Paff Evara, co-founder of Take Up Space, tells Information Age how an underrepresented group can achieve proper Web3 accessibility.
