We as a species have a unique ability to tell ourselves stories that even underpin our economic lives
Over the past few months, I have written a lot about the online metaverse. Along with cryptocurrency and non-fungible tokens, the metaverse seems to have captured our imagination. There is no one definition, with Mark Zuckerberg and Satya Nadella and others defining it the way it works best for them. The term ‘metaverse’ originated in Neal Stephenson’s dystopian novel Snow Crash, in which people appear in digital avatars in a virtual world complete with companies, homes and factories. Interestingly, Stephenson was as mystified as anyone else as to how this still-vague term became so big and hyped; he famously said that he was “making shit up".