Meta does not want the Metaverse to be regulated by governments

Goal has asked US lawmakers to postpone the creation of rules for the Metaverse. The company, led by Mark Zuckerberg, has sent a document formally urging that no early regulation be made.

“Meta Platforms Inc. is urging lawmakers to postpone the creation of new rules governing the metaverse”Bloomberg reports. Mark Zuckerberg’s company believes that if it is regulated so early, it could “hinder innovation”.

LOOK: Mark Zuckerberg’s AI learned to negotiate as well as humans (where will they use it?)

The tech giant claims that most rules in the real world will be part of the Metaverse. “In a policy document published on Friday [2 de diciembre], Meta argues that many of the world’s existing laws and regulations will also apply to activity in the metaverse.a general term referring to an immersive virtual world that does not yet exist, in which users might one day work, play, shop, and interact”, adds the medium.

In the document, it is stated that the rules to be implemented in the Metaverse must be technologically neutral. In addition, the potential economic benefits of Web3 must also be recognized and governments and industry encouraged to build this virtual world together.

LOOK: WhatsApp: Mark Zuckerberg wants to monetize with the app after the million-dollar investment in the Metaverse

Edward Bowles, director of fintech policy at Meta, says the company hopes that there is an interconnection between the jurisdictions that will regulate the rules that will be used in the economy of the Metaverse. This is because the company predicts that humans will “move” at some point to this virtual world.

Meta has been betting its future on this technology. Although it is something that, according to Zuckerberg himself, will only be seen concretely in a decade, It has already had a huge impact in the real world, with more than 11,000 company employees recently laid off. The CEO assumed his guilt for investing so much money in this project.

Source: Elcomercio

Callum

I have worked in the news industry for over 10 years. I have a vast amount of experience in writing and reporting. I have also worked as an author for a number of years, writing about technology and other topics.

I am a highly skilled and experienced journalist, with a keen eye for detail. I am also an excellent communicator, with superb writing skills. I am passionate about technology and its impact on our world. I am also very interested in current affairs and the latest news stories.

I am a hardworking and dedicated professional, who always strives to produce the best possible work. I am also a team player, who is always willing to help out others.