Mixed reality, digital dust, and other buzzwords you’ll need to know about in 2023

FifthWork locations can change rapidly in the world of business and technology. A year ago, these two groups were obsessed with wall bets, the reddit community driving meme stocks. Today, it is rarely whispered, other than a sad head-shake.

The development of the language of the people continues to occur at an amazing pace. And as the new year dawned, so did the buzzwords. Staying up to date with all the new terms can be a challenge, so here’s a rundown of the big terms that are popping up these days. You may know some. Others you hear slip into conversation in the coming months. This is an opportunity to get ahead of the curve.

Mixed realityVirtual reality hasn’t brightened up the tech world as its proponents had hoped. Augmented reality is still in its infancy. Eyes are now turning to mixed reality (XR), which lets you use real-world objects to interact with digital objects. Expect to hear more about it when (AAPL) finally has its VR/AR/XR look, which is expected later this year.

digital dust: Every action you take in the online world leaves traces. These can be texts, images, audio files, or anything else. This is known as digital dust. And more and more smart devices are leaving a trail these days, including your preferences and behaviors.

proximity bias: Strongholds work from home It could be doing more damage to their career than they realize. proximity bias It is the tendency of employers to give preferential treatment or show favoritism to employees who are physically closer to them. It’s a very real threat. a Survey 2021 By the Society for Human Resource Management (SHRM) speaking with more than 800 supervisors, two-thirds of whom have supervised remote workers say they believe remote workers are more replaceable than on-site workers.

overemploymentYou can’t pay the bills with one job? More and more people are adding a side hustle or Even for a second full time job to their boards (and working remotely has made it easier for some people to do so). It’s called overemployment. Some people have managed to be “unemployed” but still work 40 hours a week.

Functional cushioningSome workers, worried that their positions might be eliminated in the coming months, are focusing less on getting things done and more on adding skills to their resumes, which will make them more attractive to companies if they have to look for a new job. LinkedIn says 365 million people added skills to their profiles over the past 12 months, up 43% from last year.

PolycrisisEverything old is new again, even our problems. Polycrisis is the last term for the convergence of these problems all at once – and now we are in one. We have wars going on, a pandemic that continues to affect the world, economic crises and more. World Economic Forum describes polycrisis as “a set of related global risks with compounding effects, such that the overall impact exceeds the sum of each part.”

The donut effect: Hybrid working is becoming the norm in many companies, which means workers are less worried about living close to their office. These increasing values ​​are in suburban areas, which means that increases in home value and rent increases will tend to encircle downtown, creating a donut effect, with a smaller/non-existent “hole” or growth in the middle.

colleaguesOne of the main reasons people want to go back to work is to interact with their friends at work. “Colleagues” is basically the new term for a work husband or work wife. He is a confidant and trusted friend in the office, with whom you can share concerns, frustrations, and successes. And owning one makes people more productive in the workplace.

Metaverse: yeah, that buzzword Submit the 2022 list, but it will still be a huge area of ​​conversation this year. In essence, the metaverse describes a shared digital world It’s accessed online, but it’s a term that many people have defined differently over the past year. Ideally, some coherence to what is the metaverse will begin this year. The term was circulated at the Consumer Electronics Show (CES) frequently back in January, though there are still a slew of skeptics who argue that the metaverse isn’t the next step in the evolution of the internet, but instead just the latest shiny object intended as a distraction. people’s attention.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views and opinions of Nasdaq, Inc.

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