The Meta Doesn’t Want Governments to Regulate the Metaverse

Target he does not want the authorities to interfere with his master plan to develop his virtual world. Report bloomberg indicates that the company urged US lawmakers to delay metaverse rulemaking. The tech company believes early regulation could hinder innovation.

In the report, the company mentioned that it is important that legislators establish fair rules for Web3 technologies that keep people safe and drive innovation. The meta argued that many of the laws and rules that exist in the real world apply to the metaverse as well.

The document mentions that rules should be technologically neutral, recognize the potential economic benefits of Web3, and call on governments and industry to co-create the metaverse. Edward Bowles, director of fintech policy at Meta, stated that this report marks the beginning of a series of talks.

Bowles has mentioned that he hopes a relationship will be established between the various jurisdictions that will establish the rules that govern the economy of the metaverse. The idea of ​​Meta and other companies committed to this concept is that one day people will move into a virtual environment where we will carry out our activities.

UK warns that Meta and Microsoft cannot regulate the metaverse on their own

Image: Ruben Chicharro.

Although the metaverse does not exist, it is clear that Meta and other companies oppose early regulation which prevents them from using their users to their advantage. A few weeks ago, the authorities in the United Kingdom (Ofcom) warned big technologies that its inclusion in this technology will comply with applicable laws that protect users using digital platforms..

The Internet Safety Bill is a proposal by the UK Parliament to improve online safety. It addresses all types of harmful content that young people can access, including bullying, pornography and scams. Melanie Dawes, chief executive of Ofcom, said the scope of the law is broad enough to include platforms and companies that play a role in the metaverse.

Bullying and other behaviors are more severe in VR.

The British regulator points out that the immersive nature of virtual reality requires special attention. It is difficult to determine what a child experiences after putting on a virtual reality headset, so moderation will play an important role in properly handling such situations.

Harmful Behavior Will Be More Serious in the Metaverseaccording to a report from The newspaper “New York Times which exposes one of the many instances of harassment occurring on platforms such as VRChat.

“When something bad happens, when someone comes up and touches you, your mind tricks you into thinking it’s happening in the real world,” said Chanel Siggens, a user who was harassed in the gaming lobby. population one.

For his part, Andrew Bosworth, director of technology at Meta, mentioned to his staff that the metaverse must have layers of security almost Disney level. Bosworth noted the challenges of moderating a virtual universe that doesn’t yet exist, a task that seems impossible given the setbacks he’s had with Facebook.

Regulators are not going to take risks and believe that companies like Meta or Microsoft will not be able to regulate their metaverses on their own.