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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

Hot: AI and VR/AR With digital transformations moving at full throttle, and a desire to stay innovative, it should come as no surprise that use cases for virtual reality, augmented reality, and artificial intelligence continue to grow in several verticals. And it’s not just applications development where such tools are having an impact.

Budget 145
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Meta is facing the test of its lifetime

Vox

In a memo to Meta’s staff also posted on social media, one of Meta’s top executives, CTO Andrew “Boz” Bosworth, reflected on Monday about the difficult moment the company is in. Meta CEO Mark Zuckerberg thinks the metaverse will be the next iteration of the internet, a technological shift akin to the mobile phone.

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Why you should care about Facebook’s big push into the metaverse

Vox

It’s the metaverse — defined most simply as a virtual world where people can socialize, work, and play — and Facebook’s CEO Mark Zuckerberg believes it is the future of the internet and of his trillion-dollar company. The futuristic tech Mark Zuckerberg is investing billions in could remake the internet. It’s a joke.

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Insider’s Guide to the New Holographic Computing

CTOvision

I’ve been blogging for years about a variety of research efforts which additively culminated in today’s announcements: HoloLens, HoloStudio for 3D holographic building, and a series of apps (e.g. I’ve worn it, used it, designed 3D models with it, explored the real surface of Mars, played and laughed and marveled with it.