The Virtual Age is the ultimate progress of information technology and knowledge-based environments into a three-dimensional virtual world. The enormous expansion of the information age along with the availability of the required tools and technologies, will bring about a fourth wave of change in the near future. There have been three waves of change in the history of human progress: The Agricultural Age, The Industrial Age, and the Information Age. The Fourth Wave of change, or the Virtual Age will create a new era i which most aspects of every day life and world affairs will become Virtual. Virtual Age is an umbrella, which empowers anywhere, anytime, anyone interactions defying the existing time and space limitations we encounter today. The possibilities are endless, for instance; virtual commerce, virtual banking, virtual learning, virtual government, virtual work office, virtual corporations, and so on. Much higher speed CPU’s, high speed media transmission via larger bandwidths, huge capacities of memory and sophisticated real-time virtual reality software are needed to power us into the Virtual Age. At the present rate of progress, it is projected that hardware and software limitations will be overcome within about two decades allowing the coming of the Virtual Age.

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