- Dubai Municipality has unveiled intentions to partner with private sector businesses and investors to build One Human Reality.
- Director-general for Dubai Municipality, Dawood Abdul Rahman Al-Hajri, announced that Dubai is working to capitalize on the opportunities offered by the metaverse.
Dubai Municipality has unveiled intentions to partner with private sector businesses and investors to build One Human Reality, a future version that is human-centered and centered on the city that exists in the metaverse.
Director-general for Dubai Municipality, Dawood Abdul Rahman Al-Hajri, announced that Dubai is working to capitalize on the opportunities offered by the metaverse in an open session entitled ‘Operating Future Cities’ during the world government summit 2022 (WGS2022) at Expo 2020 Dubai.
“One Human Reality is the union or fusion of two realities: the metaverse and the world we’re currently experiencing,” Al Hajri explained.
The Rest of the World to Dubai
It is a collection composed of realistic 3D digital worlds created in an environment of virtual reality in which users interact with computer-generated worlds and other users. It combines elements such as social media and augmented reality videos, VR cryptography, and other contemporary technologies in the broadest sense.
“Residents might be joined by acquaintances from all over the world, in avatars taking an imaginary walk around a park within the city,” Al Hajri added in his presentation of ideas for how a city could be run. Additionally, people can visit historical events or experience deep tours of the most famous places in the virtual world.”
The Next Fantastic Business Opportunity
According to Bloomberg Intelligence, the metaverse could generate around $800 billion in revenues in 2024, the next big market for businesses and industries.
“Today, the metaverse is closer to the reality than was initially thought,” Al Hajri explained.
The Dubai Municipality will also establish the One Human Reality Talks initiative to bring companies and investors together to create and share the new reality.
This will include experts’ discussions, insight shared use cases, exchange of information, and other activities.
Based on Al Hajri put out the elements of an approach that is based on four pillars, namely that are: the human expectation of their environment, human demands that are backed by-laws to ensure privacy, security, the right to ownership, and also technological uses.
“Big data integration benefits cities.” Cities can create an electronic infrastructure that will enable us to connect with the globe in new ways, with the help of artificial intelligence, the Internet of Things, and artificial intelligence said the official.