7.3 C
Mönchengladbach
Sunday, November 27, 2022
MetaverseEven in the metaverse, women remain locked out of leadership roles

Even in the metaverse, women remain locked out of leadership roles

Five early indicators on women in the metaverse reveal gender inequality—especially in the leadership creating and setting metaverse standards.

The metaverse is still in its early days. Even its definition remains fluid and is likely to continue evolving. But the consensus view, at least today, is that the metaverse is the next iteration of the internet, wherein the internet becomes something that people immerse themselves in more deeply rather than something they simply view: an evolution from 2-D to 3-D across a range of interfaces, including augmented reality (AR) and virtual reality (VR). As with other transformative technologies such as the cloud and AI whose evolutions have spanned decades, the metaverse’s early consumers and leaders—including investors and CEOs—will shape its future. The question that many are asking is, what role will women play?

We set out to better understand how gender dynamics are playing out in the early-stage metaverse by examining a range of data, including those collected for McKinsey’s June 2022 report on value creation in the metaverse. We found an already discernible gender gap in the metaverse, similar to the gap that exists in Fortune 500 companies and start-ups, where less than 10 percent of Fortune 500 CEOs are women, only 17 percent of venture capital (VC) dollars go to women-led and women co-led companies, and just 15 percent of VC general partners in the United States are women.

The reality is that women are spending more time in the protometaverse than men are and, according to our data, are more likely to spearhead and implement metaverse initiatives. However, just as in the tech sector as a whole, women represent a minority in the metaverse economy. Both the entrepreneurial capital and the CEO roles in the metaverse space remain disproportionately reserved for men. Let’s take a closer look at the numbers.

More women than men are power users in the metaverse

Our research on consumers in the metaverse shows that 41 percent of women had used a primary metaverse platform or participated in a digital world for more than a year, compared with 34 percent of men. In addition, more women spent significant time in the metaverse: 35 percent of the women surveyed are power users, spending more than three hours a week in the metaverse, compared with 29 percent of men (Exhibit 1).

Exhibit 1

Women spend more time than men in the metaverse, especially in hybrid use cases

Our research also reveals that women are more likely than men to engage in hybrid use cases in the metaverse, traversing both physical and digital worlds to take part in activities such as gaming, fitness, education, live events, and shopping via AR/VR technologies. By contrast, men are using the metaverse to participate in purely digital experiences such as gaming, trading nonfungible tokens (NFTs), and attending social events (Exhibit 2).

Exhibit 2

Women are spearheading and implementing more metaverse initiatives

In a survey of almost 450 female executives, 60 percent of women report that they have implemented more than two metaverse-related initiatives in their organizations. The numbers show that these female executives are 20 percent more likely than their male counterparts to implement multiple metaverse initiatives, especially around marketing, employee learning and development, and product design (Exhibit 3).

Exhibit 3

Female leaders are scarce in the emerging metaverse economy

As we have noted, female consumers and executives are more proactive about metaverse usage and initiatives than male consumers and executives, yet women are still locked out of leadership roles in the metaverse economy. Our research shows that in the past five years, male-led metaverse companies received a higher share of total entrepreneurial funding than female-led metaverse companies (Exhibit 4).

Exhibit 4

In organizations shaping metaverse standards, 90 percent of leadership roles are held by men

A number of standards bodies are emerging to set interoperability norms for the metaverse—among them, the Metaverse Standards Forum and the Open Metaverse Alliance for Web3 (OMA3). But only about 8 to 10 percent of the member organizations are led by female executives (Exhibit 5). This percentage is similar to the roughly 9 percent of Fortune 500 companies led by women today.

Exhibit 5


The metaverse has the potential to bring profound change to the global economy, as well as to create new and more equitable opportunities for all who use it—which is why it is imperative for all key stakeholders to understand the dynamics at play. According to early indicators, women may already be a powerful metaverse user base. Addressing the existing gender gap in leadership roles while the metaverse is still in its formative stage is therefore of paramount importance. To do so, industry stakeholders will need to engage a range of different voices and infuse diverse leadership into the companies and coalitions shaping the metaverse today.

Reviews

Related Articles

POPULAR

Were Jennifer Lawrence nude photos real?

Are Jennifer Lawrence nude photos true?The question that you may ask yourself is whether the images that were published years ago are trueThe answer...

France transferred about 330 people from Kabul

France transferred about 330 people from KabulFrance once again airlifted about 330 people from Kabul. These include citizens of Afghanistan, France and the Netherlands. The...

The romantic relationship between Ronaldo’s son and Luis Suarez’s daughter was revealed

"Delfina Suarez", the daughter of "Luis Suarez" revealed her romantic relationship by publishing a story with a heart from "Cris Ronaldo Jr.", the son...

LATEST POSTS

MORE

YOU MAY LIKE

metaverse app, metaverse facebook, metaverse crypto, metaverse zuckerberg, metaverse game, metaverse login, zuckerberg stuck in metaverse, mark zuckerberg stuck in metaverse, live longer for 150 years in metaverse, shib metaverse, gundam metaverse, shiba metaverse, shiba inu coin, shiba inu metaverse, shiba inu, metaverse fashion week, shiba metaverse land, mark zuckerberg, mark zuckerberg metaverse, how to make money in the metaverse, zuckerberg metaverse, best metaverse stocks, metaverse logo, nvidia stock, buying real estate in the metaverse, how to invest in the metaverse, bitcoin, metaverse login, how to buy land in metaverse, metaverse headset, how to invest in metaverse, metaverse meaning, metaverse crypto, metaverse stock, metaverse facebook, metaverse coins, metaverse real estate, metaverse etf, metaverse nft, metaverse login, metaverse pro, facebook metaverse, sandbox metaverse, how to invest in metaverse, mark zuckerberg metaverse, best metaverse crypto, how to buy land in metaverse, roundhill ball metaverse etf, roblox metaverse, top metaverse coins, apple metaverse, pete davidson net worth, pete davidson kim kardashian, pete davidson instagram, pete davidson ariana grande, pete davidson father, pete davidson tattoos, pete davidson exes, pete davidson wife, pete davidson net worth, pete davidson kim kardashian, pete davidson movies and tv shows, pete davidson instagram, pete davidson height, pete davidson ariana grande, simon rex, kenedi anderson american idol, bebe rexha, billy ray cyrus, pete davidson roast 9/11, walker scobell, is kim kardashian pregnant by pete davidson, tish cyrus, david mamet, wynonna judd, roast of pete davidson, pete davidson bde, is kim kardashian pregnant with pete davidson, kanye pete davidson boxing, phoebe dynevor and pete davidson, north and pete davidson, daphne bridgerton, pete davidson father 9/11, kim kardashian pregnant with pete davidson, cam newton, pete davidson and north west, is pete davidson jewish, pete davidson north, kourtney kardashian, pete davidson dad

The 26 Min Season Review by Mike Mayers is Now Online!

We woke reasonably late following the feast and free flowing wine the night before. After gathering ourselves and our packs, we headed down to our homestay family’s small dining room for breakfast. Refreshingly, what was...

The Trumps: How America’s first family arrived in New York on a steamship from...

Donald Trump's grandfather moved to the US from Germany in a steamship in 1885.In the 135 years since then, the family has produced real-estate magnates, one federal judge, and the current president of the...

From a long kiss to a deep-sea marriage; Unusual Valentine’s customs

February 14th, Valentine's Day, rooted in Christian culture, has become an excuse for lovers around the world to express their feelings to each other in different and sometimes unusual ways. Roses, chocolates, romantic candles and...
image copy right from Reuters

Australia approves budget for housing 16,500 Afghan refugees over the next four years

The Morrison administration eventually succumbed to pressure to provide additional humanitarian assistance to Afghans in addition to global resources.The government's previous proposals to help Afghan citizens are part of the overall humanitarian program, which...
metaverse app, metaverse facebook, metaverse crypto, metaverse zuckerberg, metaverse game, metaverse login, zuckerberg stuck in metaverse, mark zuckerberg stuck in metaverse, live longer for 150 years in metaverse, shib metaverse, gundam metaverse, shiba metaverse, shiba inu coin, shiba inu metaverse, shiba inu, metaverse fashion week, shiba metaverse land, mark zuckerberg, mark zuckerberg metaverse, how to make money in the metaverse, zuckerberg metaverse, best metaverse stocks, metaverse logo, nvidia stock, buying real estate in the metaverse, how to invest in the metaverse, bitcoin, metaverse login, how to buy land in metaverse, metaverse headset, how to invest in metaverse, metaverse meaning, metaverse crypto, metaverse stock, metaverse facebook, metaverse coins, metaverse real estate, metaverse etf, metaverse nft, metaverse login, metaverse pro, facebook metaverse, sandbox metaverse, how to invest in metaverse, mark zuckerberg metaverse, best metaverse crypto, how to buy land in metaverse, roundhill ball metaverse etf, roblox metaverse, top metaverse coins, apple metaverse, pete davidson net worth, pete davidson kim kardashian, pete davidson instagram, pete davidson ariana grande, pete davidson father, pete davidson tattoos, pete davidson exes, pete davidson wife, pete davidson net worth, pete davidson kim kardashian, pete davidson movies and tv shows, pete davidson instagram, pete davidson height, pete davidson ariana grande, simon rex, kenedi anderson american idol, bebe rexha, billy ray cyrus, pete davidson roast 9/11, walker scobell, is kim kardashian pregnant by pete davidson, tish cyrus, david mamet, wynonna judd, roast of pete davidson, pete davidson bde, is kim kardashian pregnant with pete davidson, kanye pete davidson boxing, phoebe dynevor and pete davidson, north and pete davidson, daphne bridgerton, pete davidson father 9/11, kim kardashian pregnant with pete davidson, cam newton, pete davidson and north west, is pete davidson jewish, pete davidson north, kourtney kardashian, pete davidson dad

Outdoor Kitchen Decorating: Furnish and Accessorize with Flair

We woke reasonably late following the feast and free flowing wine the night before. After gathering ourselves and our packs, we headed down to our homestay family’s small dining room for breakfast. Refreshingly, what was...

Who is Travis Scott ? A Look At Her Childhood, Career and Personal Life

Travis Scott is an American rapper, singer and songwriter. Born as Jacques Webster, he gained limelight in 2012 when he signed his first major label-deal with Epic Records. Not looking back, he ended the year...
metaverse app, metaverse facebook, metaverse crypto, metaverse zuckerberg, metaverse game, metaverse login, zuckerberg stuck in metaverse, mark zuckerberg stuck in metaverse, live longer for 150 years in metaverse, shib metaverse, gundam metaverse, shiba metaverse, shiba inu coin, shiba inu metaverse, shiba inu, metaverse fashion week, shiba metaverse land, mark zuckerberg, mark zuckerberg metaverse, how to make money in the metaverse, zuckerberg metaverse, best metaverse stocks, metaverse logo, nvidia stock, buying real estate in the metaverse, how to invest in the metaverse, bitcoin, metaverse login, how to buy land in metaverse, metaverse headset, how to invest in metaverse, metaverse meaning, metaverse crypto, metaverse stock, metaverse facebook, metaverse coins, metaverse real estate, metaverse etf, metaverse nft, metaverse login, metaverse pro, facebook metaverse, sandbox metaverse, how to invest in metaverse, mark zuckerberg metaverse, best metaverse crypto, how to buy land in metaverse, roundhill ball metaverse etf, roblox metaverse, top metaverse coins, apple metaverse, pete davidson net worth, pete davidson kim kardashian, pete davidson instagram, pete davidson ariana grande, pete davidson father, pete davidson tattoos, pete davidson exes, pete davidson wife, pete davidson net worth, pete davidson kim kardashian, pete davidson movies and tv shows, pete davidson instagram, pete davidson height, pete davidson ariana grande, simon rex, kenedi anderson american idol, bebe rexha, billy ray cyrus, pete davidson roast 9/11, walker scobell, is kim kardashian pregnant by pete davidson, tish cyrus, david mamet, wynonna judd, roast of pete davidson, pete davidson bde, is kim kardashian pregnant with pete davidson, kanye pete davidson boxing, phoebe dynevor and pete davidson, north and pete davidson, daphne bridgerton, pete davidson father 9/11, kim kardashian pregnant with pete davidson, cam newton, pete davidson and north west, is pete davidson jewish, pete davidson north, kourtney kardashian, pete davidson dad

فیض‌الله جلال، استاد دانشگاه کابل توسط افراد منسوب به نیروهای طالبان بازداشت شد .

فیض‌الله جلال، استاد دانشگاه کابل توسط افراد منسوب به نیروهای طالبان بازداشت شد . مهسا جلال، دختر فیض الله جلال استاد دانشگاه، در تویترش نگاشته است که طالبان پدر او را به بسیار بی حرمتی...
metaverse app, metaverse facebook, metaverse crypto, metaverse zuckerberg, metaverse game, metaverse login, zuckerberg stuck in metaverse, mark zuckerberg stuck in metaverse, live longer for 150 years in metaverse, shib metaverse, gundam metaverse, shiba metaverse, shiba inu coin, shiba inu metaverse, shiba inu, metaverse fashion week, shiba metaverse land, mark zuckerberg, mark zuckerberg metaverse, how to make money in the metaverse, zuckerberg metaverse, best metaverse stocks, metaverse logo, nvidia stock, buying real estate in the metaverse, how to invest in the metaverse, bitcoin, metaverse login, how to buy land in metaverse, metaverse headset, how to invest in metaverse, metaverse meaning, metaverse crypto, metaverse stock, metaverse facebook, metaverse coins, metaverse real estate, metaverse etf, metaverse nft, metaverse login, metaverse pro, facebook metaverse, sandbox metaverse, how to invest in metaverse, mark zuckerberg metaverse, best metaverse crypto, how to buy land in metaverse, roundhill ball metaverse etf, roblox metaverse, top metaverse coins, apple metaverse, pete davidson net worth, pete davidson kim kardashian, pete davidson instagram, pete davidson ariana grande, pete davidson father, pete davidson tattoos, pete davidson exes, pete davidson wife, pete davidson net worth, pete davidson kim kardashian, pete davidson movies and tv shows, pete davidson instagram, pete davidson height, pete davidson ariana grande, simon rex, kenedi anderson american idol, bebe rexha, billy ray cyrus, pete davidson roast 9/11, walker scobell, is kim kardashian pregnant by pete davidson, tish cyrus, david mamet, wynonna judd, roast of pete davidson, pete davidson bde, is kim kardashian pregnant with pete davidson, kanye pete davidson boxing, phoebe dynevor and pete davidson, north and pete davidson, daphne bridgerton, pete davidson father 9/11, kim kardashian pregnant with pete davidson, cam newton, pete davidson and north west, is pete davidson jewish, pete davidson north, kourtney kardashian, pete davidson dad

Updates on Australia’s humanitarian visa program for Afghan refugees

Read more about the Australian Humanitarian Visa Program for Afghans. The Australian government has announced 31,500 Australian visas for Afghan refugees in response to the humanitarian crisis and immigration in Afghanistan. These visas will be...
Aliens

Time Traveler Predicts An Alien Landing On Earth This December

We all have been told by our parents and maybe our old and creepy uncles about aliens. But we thought they were nothing more than rumors, but what if one day when you are...

Which of the men’s work is enjoyable for women?

Women often enjoy being around confident men, and some of the things men do with these moral qualities attract women like a magnet. Of course, some men are self-confident, selfish and want everything for themselves...

The 9 Types of Movies You Can Choose From (Genres)

Euro international : The movie “A Star Is Born” recently hit the cinemas, starring Bradley Cooper and Lady Gaga and their fans lost their marbles, in a good way, of course! Was it the cast?...

HOW TO MAKE MONEY ONLINE FOR FREE: 10 BEST WAYS IN 2022

You’ve seen it all before. Promises to “make money online for free!”—except they’re never actually free. There’s always a catch somewhere, or an investment you need to make upfront. And it makes sense. According to the...
metaverse app, metaverse facebook, metaverse crypto, metaverse zuckerberg, metaverse game, metaverse login, zuckerberg stuck in metaverse, mark zuckerberg stuck in metaverse, live longer for 150 years in metaverse, shib metaverse, gundam metaverse, shiba metaverse, shiba inu coin, shiba inu metaverse, shiba inu, metaverse fashion week, shiba metaverse land, mark zuckerberg, mark zuckerberg metaverse, how to make money in the metaverse, zuckerberg metaverse, best metaverse stocks, metaverse logo, nvidia stock, buying real estate in the metaverse, how to invest in the metaverse, bitcoin, metaverse login, how to buy land in metaverse, metaverse headset, how to invest in metaverse, metaverse meaning, metaverse crypto, metaverse stock, metaverse facebook, metaverse coins, metaverse real estate, metaverse etf, metaverse nft, metaverse login, metaverse pro, facebook metaverse, sandbox metaverse, how to invest in metaverse, mark zuckerberg metaverse, best metaverse crypto, how to buy land in metaverse, roundhill ball metaverse etf, roblox metaverse, top metaverse coins, apple metaverse, pete davidson net worth, pete davidson kim kardashian, pete davidson instagram, pete davidson ariana grande, pete davidson father, pete davidson tattoos, pete davidson exes, pete davidson wife, pete davidson net worth, pete davidson kim kardashian, pete davidson movies and tv shows, pete davidson instagram, pete davidson height, pete davidson ariana grande, simon rex, kenedi anderson american idol, bebe rexha, billy ray cyrus, pete davidson roast 9/11, walker scobell, is kim kardashian pregnant by pete davidson, tish cyrus, david mamet, wynonna judd, roast of pete davidson, pete davidson bde, is kim kardashian pregnant with pete davidson, kanye pete davidson boxing, phoebe dynevor and pete davidson, north and pete davidson, daphne bridgerton, pete davidson father 9/11, kim kardashian pregnant with pete davidson, cam newton, pete davidson and north west, is pete davidson jewish, pete davidson north, kourtney kardashian, pete davidson dad

Volodymyr Zelenskyy We hit the enemy hard

Ukrainian President Volodymyr Zelenskyy has claimed in a nightly video message that his country has dealt a severe blow to "the occupying forces"."Last week, our heroic military forces dealt a heavy blow to the...

Alberto Guerra, husband of Zuria Vega, celebrates 4 years of having overcome alcohol and...

Zuria Vega's husband, actor Alberto Guerra, shared a deep text about false masculinity and celebrated his fourth anniversary far from addictions Alberto Guerra , one of the most recognized actors in many American countries, celebrated with...
Polygon’s 2022 Metaverse Gift Guide

Polygon’s 2022 Metaverse Gift Guide

The best gifts for getting into the metaverse, including VR, AR, books, and more The “metaverse” has undoubtedly been 2022’s buzzword of choice, as tech corporations have talked it up as the future not just of...
\