Economic Daily, an economic newspaper run by the Chinese state, has published an article noting problems with investing in the metaverse. The article says that metaverse investments might not be suitable for all regions of the country, comparing the trend to the explosion of new green energies not long ago.
Economic Daily Warns of Metaverse Euphoria
While the metaverse has become a hot topic after the Covid-19 pandemic, some have been criticizing the euphoria surrounding it. Economic Daily, a state-run newspaper in China, has dedicated a whole article to warning Chinese citizens about putting significant amounts of funds into metaverse investments.
The article, issued on Nov. 10, states:
The metaverse industry sounds promising, but it may not fit every region. Be wary of feverishly following suit and betting big on it while detached from reality.
The article explained that the current metaverse hype can be compared to the hype that new green energies saw not so long ago. At that time,
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