Tony Parisi discusses the emergence of the immersive web, predicting that virtual and augmented reality will significantly impact how people interact with digital content by 2020. He emphasizes the need for a frictionless, collaborative platform that allows for instant sharing and access to immersive experiences, comparing the web to the metaverse but with a 2D interface. The document also highlights the development of new web standards and applications that enable 3D graphics and VR content across various devices.