Monday, February 4, 2008

Value of Land in an Infinite Space

Was reading some articles about the development of virtual worlds in China and did some thinking about the various land resulted wealth in the virtual worlds. Wonder if there would be a massive devaluation of land prices in the VWs once people realised that there are increasingly more and more such VWs, i.e. infinite land? Would there be a sub-prime equivalent happening for the VWs?

What would happen to folks like Anshe, who became millionaires due to the value of property development in 2nd Life when users start migrating to other VWs like HiPiHi? Was strolling around using my avatar in 2nd Life and I don't really see many people around...

That's me taking a rest on a hammock, and below is a picture of me smoking some stuff.

No comments: