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Regulation of the Metaverse: A Roadmap: The risks and regulatory solutions for largescale consumer platforms.

Published: 25 August 2022 Publication History

Abstract

Over the last thirty years, virtual reality (VR) and augmented reality (AR) technologies have steadily advanced, enabling high-fidelity experiences at consumer prices. Over the same period, network speeds have risen dramatically. Combined, such advancements have increased the prospects of widespread adoption of VR and AR worlds. Recently branded “the metaverse” by Facebook (now Meta), major corporations have begun investing billions to deploy immersive worlds aimed at mainstream activities from socializing and shopping to education and business. With the likelihood rising that metaverse platforms greatly impact society over the next decade, it is prudent to consider the societal risks and plan for meaningful regulation. The dangers of the metaverse are outlined herein along with proposals for regulation.

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    cover image ACM Other conferences
    ICVARS '22: Proceedings of the 2022 6th International Conference on Virtual and Augmented Reality Simulations
    March 2022
    119 pages
    ISBN:9781450387330
    DOI:10.1145/3546607
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than the author(s) must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected].

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    Published: 25 August 2022

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    Author Tags

    1. Augmented Reality (AR)
    2. Extended Reality (XR)
    3. Metaverse
    4. Mixed Reality (MR)
    5. Regulation
    6. Technology Policy
    7. Virtual Reality (VR)

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    Cited By

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    • (2025)Valuation and Volatility of Virtual Properties in Metaverse: Exploring New Market Opportunities and Speculative Dynamics Based on DecentralandJournal of Metaverse10.57019/jmv.15887625:1(1-24)Online publication date: 19-Jan-2025
    • (2025)The Metaverse for Industry 5.0 in NextG Communications: Potential Applications and Future ChallengesIEEE Open Journal of the Computer Society10.1109/OJCS.2024.34973356(4-24)Online publication date: 2025
    • (2025)Urban Digital Twins and metaverses towards city multiplicities: uniting or dividing urban experiences?Ethics and Information Technology10.1007/s10676-024-09812-327:1Online publication date: 1-Mar-2025
    • (2024)Valuation, Accounting Principles, and Classification of Assets in the MetaverseJournal of Metaverse10.57019/jmv.14123524:1(43-53)Online publication date: 30-Jun-2024
    • (2024)Does Anyone Care about the Opinion of People on Participating in a “Social” Metaverse? A Review and a Draft Proposal for a Surveying ToolFuture Internet10.3390/fi1607023616:7(236)Online publication date: 2-Jul-2024
    • (2024)Ethics and Cultural Background as Key Factors for an Attractive MetaverseCommunications of the ACM10.1145/367472267:12(78-84)Online publication date: 22-Nov-2024
    • (2024)The First Principles: Setting the Context for a Safe and Secure MetaverseACM Computing Surveys10.1145/366549556:11(1-29)Online publication date: 17-May-2024
    • (2024)Secure and Trustworthy Artificial Intelligence-extended Reality (AI-XR) for MetaversesACM Computing Surveys10.1145/361442656:7(1-38)Online publication date: 9-Apr-2024
    • (2024)Humanizing Metaverse: Psychological involvement and masstige value in retail versus tourism platformsInternational Journal of Consumer Studies10.1111/ijcs.1302548:2Online publication date: 5-Mar-2024
    • (2024)Privacy Challenges in the Metaverse2024 IEEE International Conference on Metaverse Computing, Networking, and Applications (MetaCom)10.1109/MetaCom62920.2024.00039(182-189)Online publication date: 12-Aug-2024
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