Gender Diversity in the Metaverse: Addressing the Gap and Creating Inclusive Opportunities

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The metaverse appears to be changing the way we work and play. You can use it to make friends, design clothing, purchase real estate, attend events, create and sell digital art, and earn money.

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Some feel that the actual metaverse, which is still years away, will transform the internet as we know it, and what was once mere jargon is now a roar.

Mark Zuckerberg, the founder of Facebook, has even renamed his company after it. Microsoft paid $68.7 billion for Activision Blizzard in order to strengthen its virtual presence in the metaverse.

And Goldman Sachs sees the metaverse as a “$8 trillion market opportunity,” equivalent to the combined GDP of Japan and Germany.

It’s not surprising, then, that experts suggest businesses of all sizes should not only better comprehend what the metaverse is, but should also be establishing strategies around it right now, including marketing, product development, customer interactions, and diversity and inclusion.

Unfortunately, D&I is severely lacking at the moment. Despite anticipation that the metaverse will be a more inclusive platform, McKinsey research showed detectable gender imbalance, particularly among women in leadership posts.

A Scarcity of Variety

The firm discovered an already visible gender difference in its analysis, similar to the divide that occurs in Fortune 500 corporations and start-ups, where less than 10% of Fortune 500 CEOs are women and female founders receive only 17% of all VC investment.

In the last five years, male-led metaverse enterprises obtained 90% of overall entrepreneurial investment, while female-led metaverse companies earned 10%. Men received $107 billion in investment, while women earned $5 billion. The results are based on data from 4,186 founders.

Ironically, the study also discovered that when women are engaged in the metaverse, they are more likely to be power users (35% vs. 29%), and they also lead and implement more metaverse initiatives.

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“The metaverse has the potential to bring substantial change to the global economy, as well as new and more equal opportunities for those who use it,” according to the McKinsey report.

As a result, it is critical that the gender gap be addressed and repaired while it is still in its early phases. Companies that intend to participate in the metaverse have the potential and obligation to create an inclusive environment in which everyone feels represented and belongs.

Exploring Gender Inequality in the Metaverse

In that regard, here are several amazing businesses that have done precisely that… but in real life. They were all named to AnitaB.org’s list of the 2022 Top Companies for Women Technologists.

AnitaB.org, a global non-profit focused on intersectional gender and wage parity in technology, measured 52 firms, 422,494 technologists, 106,928 women, and non-binary technologists, and 61,485 women and non-binary technologists of color in 2022.

Airbnb, Wells Fargo, and Northrop Grumman all made the list, and even better, they’re all hiring right now.

Must Check:

Airbnb

Airbnb is working with its community to build a world in which anybody can belong anywhere. In San Francisco, it is looking for a Lead Experience Designer – Infrastructure.

As a design lead, you are a thought leader both within and outside of the company, contributing to the advancement of the craft. You’ll be in charge of projects and initiatives, inspiring and directing teams, and collaborating with larger groups to establish problems and goals.

If you have 10 years of expertise in end-to-end product design, ideally in enterprise and/or data products, and great visual, interaction, and/or service design skills, this is the place to be.

Wells Fargo & Co.

With about $1.9 trillion in assets, Wells Fargo & Corporation is a diverse, community-based financial services company. It values workplace diversity, equity, and inclusion and is presently seeking a Lead Information Security Engineer in San Leandro.

You’ll require a thorough awareness of the cloud threat landscape, endpoint/network defenses, and detection procedures, as well as knowledge of how hostile cyber threat actors conceive and attack. Collaboration with multiple teams on a regular basis will be essential. You can read all about it here.

Northrop Grumman, Dulles, Accounting Manager 1/2

Northrop Space Systems is looking for suitable applicants for the job of Accounting Manager to give leadership and direction to the enterprise and sector-specific accounting shared services organisation.

The position is in charge of general accounting responsibilities such as managing month-end, quarterly, and annual accounting close obligations and maintaining the general ledger chart of accounts.

You will also be in charge of managing the account reconciliation process for owned accounts, as well as preparing, reviewing, and approving journal entries. The complete job description can be found here. Visit The Hill Jobs for additional job opportunities and to find your dream job.

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