'The future is already here—it's just not evenly distributed.' Is that the case with Mark Zuckerberg's Metaverse?
To quote American sociobiologist, the real problem of humanity is quite simple: “We have paleolithic emotions, medieval institutions, and god-like technology.” The metaverse will be the most god-like technology we have ever seen. Our “medieval institutions” are already struggling to get their heads around cryptocurrencies, which will form just one branch on the metaversal tree.
Besides all of these possible problems, we haven’t even touched on human rights in the metaverse. What will they look like? Initially, will they even exist? Remember, we have medieval institutions, scrambling to come to terms with the technologically-driven paradigm shift occurring at this very moment. New data protection laws are desperately required., Director of Consulting for the Future Today Institute, toldthat risk in the metaverse “will look unlike anything we’ve seen today.
Some legal experts have argued that the metaverse requires universal jurisdiction, or meta jurisdiction. I asked, a professor at Edinburgh Law School, how he imagines the metaverse being regulated. “The metaverse would be regulated in much the same way that the Internet is regulated today,” he said. “So metaverses would have to comply with the legal and regulatory requirements of each country in which they operated.
Melanie Subin added more context: “The metaverse will leverage technologies we feel familiar with—social interactions, virtual reality—which could lull us into a false sense of security that existing Internet-focused regulation will be broadly applicable to the metaverse.” Data will be collected, she warned. Lots of it. Subin believes that “the type of data collected and its use will be exponentially more invasive than what we see today.
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