The Metaverse promises to bring new levels of social connection, mobility, and collaboration to a world of virtual work. Are the promises empty, or are organizations changing how they work as a result of the Metaverse?
Session Video
The panel discussion focused on the theme of "Policy, Trust, and Governance" in the Metaverse ecosystem. The speakers highlighted the importance of building responsible, safe, and inclusive XR and Metaverse-related ecosystems. They discussed the need for pragmatic policy decision-making and governance to help build responsibility, safety, and inclusion for the convergence and threats being faced.
The panelists emphasized the role of corporations in the Metaverse ecosystem and the need for responsible corporate behavior in protecting people's privacy, promoting AI development, and ensuring digital inclusion. They also discussed the need for multi-stakeholder collaboration to help society capture the benefits of new technologies in a responsible and sustainable way.
The speakers emphasized the need to prioritize consumer protection, privacy, human rights, global citizen protections, and societal resilience in the development of the Metaverse. They discussed the importance of standards development and governance to build a trustworthy future for citizens. They highlighted the potential of the Metaverse to leverage emerging technologies but also cautioned about the risks associated with the convergence of the physical and digital worlds.
The panelists also debate the challenges of building a responsible, safe, and inclusive XR and Metaverse-related ecosystem, emphasizing the need for pragmatic policy decision-making and governance.
Overall, the panel discussion provided valuable insights and recommendations for policymakers, businesses, and the public to ensure responsible and safe development of the Metaverse ecosystem.
The main ideas and insights discussed during the panel can be summarized as follows:
- The Metaverse has the potential to be a powerful tool for innovation and progress, but it also poses significant risks and challenges that must be addressed.
- Corporate responsibility is crucial in the Metaverse ecosystem, and companies need to prioritize consumer protection, privacy, and human rights in their products and services.
- Collaboration between policymakers, regulators, governments, businesses, and community leaders is essential for developing effective governance and policy frameworks that promote responsible innovation and protect users' rights.
- Transparency and accountability are crucial in the Metaverse ecosystem, and policymakers should ensure that companies are held responsible for any negative impacts of their products or services.
- Human rights and global citizen protections must be upheld in the Metaverse, and policymakers should prioritize the development of standards and policies that promote inclusion and diversity.
- Education and awareness-raising are essential for promoting safe and responsible use of the Metaverse, and policymakers should work to increase public understanding of the technology and its potential risks and benefits.
- Ethical considerations should be integrated into the design and development of Metaverse technologies, and policymakers should work to promote the development of ethical standards and best practices.
- The panelists stressed the importance of taking a forward-looking approach to governance and policy development, recognizing that the Metaverse is still in its early stages of development and will likely evolve rapidly in the coming years.
