Consumers are increasingly engaging on video chats and thinking to themselves if “it could have been much easier as a phone call”? It was especially frustrating when there were several participants who didn’t even know how to connect to the internet. Add in new complications we’ve had to conquer including (but not limited to) sending out electronic invites, downloading new software or applications, troubleshooting/possible delays due to tech issues, giving up personal data, and even paying for services on top of our normal utility expenses, and the plot thickens.

In this post-pandemic era, the vocabulary has changed to from “let’s set a call” to “let’s set up a video conference,” says Ali Hashemian, president of Kinetic Financial. The technology sector has continued to grow its revenues in this highly socially-trending market because of it. While Hashemian’s expertise is not related to social media or technology in general; his expertise is in financial planning. So how do we evaluate all these tech trends – and specifically the metaverse – from a financial/investment perspective?

Hashemian continues explaining,

“Don’t get me wrong, I believe that video conferencing technology (particularly the ability to share visual information virtually and remotely) is a very powerful tool in almost every industry. The question isn’t “yes or no” but “when, why, and how.”

“Let’s look back on a couple of historically successful stock stories; I want you to ask yourself those same questions I posed. If you think about Amazon (NASDAQ:) or Tesla (NASDAQ:), the ‘yes or no’ doesn’t even seem relevant. And the ‘when, why, and how’ have always seemed obvious.

“Let’s fast forward to a more relevant and less obvious example: blockchain (specifically cryptocurrency). The ‘yes or no’ was a lot harder for investors to decipher, and still is. But if you look at the ‘when, why, and how’ there was almost no question. It was a time when the entire world wanted digital assets. Other asset classes were peaking, so investors were looking for options but didn’t want to invest in traditional currencies and commodities (why). Blockchain was a private, digital alternative to traditional currencies and commodities that allowed investors to make investments (how).

“Let’s look at augmented reality, which was a few years ahead of blockchain. The ‘yes or no’ question feels like most would answer yes. Who wouldn’t want to wear a pair of glasses that can read your text messages aloud to you, record everything you saw that day, and tell you about the temperature in real time? But if you think from the position of ‘when, why, and how,’ a different picture is painted.

“The truth is, we already had our smart phones which gave us access to all the same information; but instead of all that info being thrust on us constantly through glasses, we get it on demand via our phones. Augmenting reality is not in line with social trends. We had plenty of options to get the same information, so there wasn’t any real reason for us to embrace augmented reality. To utilize augmented reality, you would either need to integrate a new device that would be expensive and possibly change your image, like glasses, or stare through your phone camera for your entire life – pretty unreasonable from a practicality standpoint (how).

“I think it is too early, from an investment standpoint, to determine the financial value of a metaverse. When you are deciding on how to spend your money, however, it’s important that your financial senses be on full display. You may have an opportunity to prove your investment skills. Does the ‘when, why, and how’ create a demand for a three-dimensional internet existence or are you just following the simplistic investment view of ‘yes or no’”?

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