Herman Narula: Enabling the Metaverse - [Making Markets, EP.41]

My guest this week is Herman Narula, the CEO of Improbable. Improbable is an ambitious company that is building the infrastructure for an open metaverse. We dive into his vision for the metaverse, the technical requirements, the economic model, the role of blockchain, and more. We also cover the issues with AI regulations and the gaming industry. Please enjoy this conversation with Herman Narula. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes: (00:00:00) Welcome to Making Markets (00:01:54) Improbable's Journey and Vision (00:03:28) Challenges and Learnings in Tech and Business (00:05:16) The Evolution of Improbable and the Metaverse (00:08:23) Blockchain and Gaming: A New Frontier (00:18:14) Technical Innovations and Future Prospects (00:24:35) Building Your Own Metaverse Ecosystem (00:24:50) Value Accrual and Business Model (00:25:19) Venture Building and Equity Participation (00:26:01) Unique Experiences and Better Economics (00:26:36) Massive Multiplayer Capabilities (00:28:38) Creative and Social Experiments (00:30:57) Governance and IP Protection (00:36:13) Regulation of Technology and AI (00:45:21) AI in Game Development Learn more about your ad choices. Visit megaphone.fm/adchoices