Metaverse News

Metaverse Only Ranked 2nd In Oxford Word Of The Year Survey

Oxford has announced the results of the Oxford Word of the Year poll. Notably, the “metaverse” is only the 2nd most popular word, it was defeated by a term for the slovenly and lazy among us.

“Goblin mode,” which refers to unapologetically self-indulgent, sluggish, slovenly, or selfish conduct, generally in a way that contradicts societal norms or expectations, was first observed on Twitter in 2009 and went widespread in February.

The term “metaverse,” which, according to the creators of the Oxford English Dictionary, was exclusively used in specialist contexts until last year, came in second, with usage nearly tripling from the previous year.

The metaverse is a vision of what many in the computer industry believe is the next iteration of the internet: a single, shared, immersive, persistent, 3D virtual space where humans experience life in ways they could not in the physical world.

Some of the technologies that provide access to this virtual world, such as virtual reality (VR) headsets and augmented reality (AR) glasses, are evolving quickly; other critical components of the metaverse, such as adequate bandwidth or interoperability standards, are probably years off or might never materialize.

According to Google Trends, search interest in the phrase increased when Facebook renamed itself “Meta” as part of its efforts to rebrand as a metaverse corporation.

Words regularly appearing near the metaverse, according to Oxford Languages, include web3, virtual, crypto, build, vision, and NFT, the latter of which was named word of the year by rival dictionary publisher Collins in 2021 as trading volume reached all-time highs for high-profile projects.

The Oxford Word of the Year is a word or expression that reflects the ethos, attitude, or preoccupations of the previous year and has the potential to become a term of permanent cultural significance.

Oxford’s editors keep track of candidates as they develop throughout the year, evaluating frequency statistics and other linguistic data in the Oxford English Corpus. Previously, words such as vax (2021), climate emergency (2019), and selfie (2013) were used.

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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