“Airbus for the metaverse” is What Europe Needs to Lead the World in Web4 Adoption

Ensconced in the prestigious London School of Economics and Political Science (LSE), LSE Consulting has announced a visionary roadmap designed to push Europe to the forefront of the rapidly emerging Web 4.0 space.

Inspired by the world-famous aircraft company Airbus, LSE Consulting promotes the creation of a similar industrial giant with an emphasis on fostering innovation and growth in the metaverse sector. This calculated action is viewed as Europe’s key to compete with world superpowers like the United States and China, similar to Airbus’ cross-border integration.

Positioning Europe for Success

LSE Consulting’s report underscores the potential for Europe to lead the Web 4.0 charge by leveraging its existing technological prowess and economic stature. By emulating the collaborative spirit of Airbus, Europe can forge a unified front in the metaverse landscape, thus cementing its dominance on the world stage.

Based on exhaustive case studies from leading European entities like BMW, Ikea, and Ericsson, LSE Consulting outlines three pivotal recommendations to propel the metaverse sector forward.

Firstly, the establishment of an international conglomerate akin to Airbus is deemed imperative to foster innovation and competitiveness in the European metaverse sphere.

Secondly, it is critical to give skills training programs top priority in order to provide the European labor force with the necessary knowledge and skills to succeed in the metaverse industry.

Finally, in order to ensure that Europe continues to lead the way in metaverse innovation, government action is recommended to spur the creation of creative cross-border standards and solutions.

XR4Europe’s managing director, Michael Barngrover, praises LSE’s all-encompassing strategy and highlights the importance of the suggested changes in determining the course of Europe’s metaverse. Even if there are many options ahead, LSE’s observations provide crucial direction for negotiating Europe’s road to metaverse dominance.