Reality check: Challenges of the metaverse Cost and feasibility The building and upkeep of the metaverse necessitate a complex technical infrastructure in sophisticated software and the incorporation of numerous cutting-edge hardware, such as VR and AR, which are only affordable for some. Legal and regulatory The metaverse operates in a legal grey area, as existing laws and regulations do not fully cover it. This could require the development of new legal frameworks to govern activities within this virtual space. Privacy and security Ensuring metadata security is crucial to protect individuals and organizations from harm. As per a survey by NordVPN, 50% of people are worried about identity issues, 47% are concerned about forced surveillance, and 45% are worried about the potential misuse of personal information. Ethical risks There are concerns that the metaverse could lead to addiction and other negative consequences. It could also be misused as a platform for violent or harmful behavior, such as cyberbullying and harassment.
Future-forward into the metaverse
It becomes tricky to gauge precisely how the metaverse will impact the world. Still, it seems likely that it will be the next evolution of the internet, revolutionizing not only digital native industries but also many other more traditional ones. Two industries where the applications are already becoming clear are healthcare and construction.
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