VIDEO
Geoff:
the metaverse application would require kind of some form of a ubiquitous
content Discovery local content Discovery uh and not even working with
the servers like some completely distributed fashion operations so I'm kind of curious what Jeff Jeff Houston
thinks uh about what the existing infrastructure so are we still need to imagine those applications
within the existing infrastructure or we still we really want to imagine applications and then think of how they
need what kind of infrastructure if any need to be added like in into the
existence to support those imaginative models now I'm just trying to bring to to the
comment that uh we're not gonna do anything new or anything new is doomed
until we can do it cheaper well you know infrastructure investment
is really really hard and what we've seen in the last 10 years is a complete Revolution
in the infrastructure of today's internet this is not a peer-to-peer Network
over the last 10 years the only folk who will be building some and financing submarine cables the only folk who have
been tipping money into the plant have actually been content distribution Networks
the traditional Carriage sector the telcos have been investing nothing the internet is actually a Last Mile
Access Network full stop your packets travel to the nearest Data Center and intersect with a variety of
content distribution points of presence there is no end to end there is no peer
to peer anymore that is a marginal business that doesn't attract profit
what attracts profit is actually streaming YouTube is streaming Netflix streaming Amazon Prime video you know
etc etc and the infrastructure has actually subtly morphed to do precisely
that and no more right the only focus I said building
long-distance Transit infrastructure is actually to interconnect the content Data Systems it's nothing to do with
users packets anymore that's a loss making opportunity that no one wants to do so when you talk about overlaying
some pan CDN metaverse context across a
world of disparate highly aggregating and highly competitive service Networks
you're dreaming you're dreaming because each of them see themselves in a capture mode of users
the same way as we saw the bulletin board world in the 1980s exclusive
capture interoperability is not a feature of today's network not a feature and so
when you dream of these all-embracing environments these metaverse style environments
then how exactly you're going to do that becomes a really really big issue in
today's Network because today's network has gone in an entirely separate Direction entirely
who's going to pay to recover a peer-to-peer network with huge Transit
capability that's not cheap and all of the money is currently with
alphabet with apple with Amazon with you know meta all of the investment money is tied up
in a model that is almost antithetical to what you're talking about here
so when you want to talk about the multi-billion or trillion dollar capital investment it's not going to come from Santa Claus
or the Easter Bunny you know you actually need a case where either users are going to pay good luck
or some third party is going to pay I.E advertising why would I jump from
advertising on Google and Amazon and Facebook jump from advertising there to jump to advertising in some kind of
metaverse what's the business case and the issue is you're dreaming that these things are
remarkably difficult to disrupt and unless the value package you offer is
completely revolutionary by stripping cost and you drag customers in by making
it cheaper not more expensive you haven't got a hope and this is the reality we've learned,