Epic Games now operates one of the Internet’s largest and fastest growing social networks.
Epic’s growing strength has already forced enormous change in the media and entertainment industry. This includes forcing blue chip giants like Sony and Microsoft to open up parts of their closed gaming ecosystems, convincing storied Hollywood giants to allow their franchises to intermingle, and showing the world that experiences once thought to be “IRL” only, like going to a concert with friends, had the potential to be even better when online-only.
But if Epic is successful in building out its ‘flywheel’, it will even more dramatically reshape the digital world – from data and privacy rights, to emergent technical standards, the distribution of profits, and the very ways in which humans work and relax. And all of this is critical to Sweeney’s long-term vision of society’s future: the Metaverse.
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