Register

I agree with the Privacy Policy

Forbes

A 'Virtual' Escape From Economic Pain

October 09, 2008

The Dow plummeted below 9,000 points to a five-year low Thursday. Worldwide, economies are slowing and consumers are worried sick about their future.

Indeed, the number of registered and active users of Second Life, a virtual world that simulates real-world experiences, have flattened out, says Parks Associates analyst Michael Cai. But this might not be a reaction to the economy; it could be due to consumers shifting to other virtual worlds. Cai predicts that corporations will start using Second Life or custom 3D virtual worlds to hold meetings and cut travel costs.

From the article, "A 'Virtual' Escape From Economic Pain" by Mary Jane Irwin

Previously In The News

CES to Highlight Tech for Greening Homes

For now, smart homes are a small enough market that consumers with green motives might be able to give it a meaningful nudge. Parks Associates analyst Bill Ablondi estimates the market for home con...

‹
1
2
3
4
5
6
7
8
9
10