Author: Mikhail

So, in 2021, Mark Zuckerberg changed Facebook's name to Meta. Later on, Elon Musk would change Twitter's name, too, but, at the time, it raised some eyebrows. After all, it seemed emblematic of the idea that Mark was going all in with his poker chips on the Metaverse with a belief that it would be the successor to the Internet and shape all digital experiences with use cases ranging from hanging out with friends to entertainment, gaming, fitness and education. The power of belief.

Meta announced a product called the "Meta Quest Pro" in 2022 for the cheap price of $1500 (about ₹125,000). Some guffawed. In a country, like India, would such a burgeoning technology even have some user stickiness? People may have thought, "It's too futuristic. It won't be for the masses. It'll be on the periphery of technology. The world's not ready for futuristic technology".

Then, OpenAI went public with a ChatGPT model. Suddenly, there were crazy rates of adoption across the world, even in India. According to BCG, as of 2024, India was the largest user of ChatGPT with about 45% of respondents revealing they used the chatbot. It may have even sparked an influx of AI startups with subsequent funding following, almost like the 2021 funding frenzy.

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So, in the Hollywood TV series "Billions", a billionaire named Michael Prince has an ambition to bring the Olympics to New York after about 5 years. Of course, it sounds like a pipe dream, but Michael wants to show people how it would look in 2028. Can pictures suffice? A 2D model model? A PowerPoint presentation? Maybe, some of that has become saturated and boring without much flair. Maybe, they're not convincing enough. So, what does Michael do? He presents a headset that the people he needs to convince wear to help them see what it could look like. And they get to look beyond what they see.

Along the same vein, could technology be used to take construction to the next level? How about something like AR (Augmented Reality)? Granted, Michael Prince may have been using VR (Virtual Reality), but maybe, it's sibling technology.

But, if you're in the construction business, you might be acquainted with some of the challenges it takes to manage projects.

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