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  "documentTitle": "The Metaverse in Asia Strategies for Accelerating Economic Impact",
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      "kind": "disclaimer",
      "text": "54 See, e.g., Perez, Carlota, \"Harnessing the technological revolution,\" Financial Times Tech Tonic Podcast...",
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      "text": "Economic theory tells us that successful technological innovation leads to a more efficient allocation of scarce resources. Innovation changes the level and shape of what economists call the \"production possibilities frontier\" (PPF).",
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      "text": "S-curves have a couple implications for our analysis. First, if the metaverse is successful, we can be reasonably certain that it will follow an S-shaped curve of innovation and adoption.",
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      "text": "Having discussed theories of the diffusion and adoption of new technologies, we now turn to understanding the potential economic impacts of successful technological innovations.",
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      "text": "I see the present as the 1930s, the turning point of the IT surge. We have had 2 frenzies and we have not yet had a golden age. The power of AI, IoT, 3D, robots, blockchain is there to be shaped.",
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      "text": "THE POTENTIAL GLOBAL ECONOMIC IMPACT OF THE METAVERSE",
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