Vestager: ‘The metaverse will be the next hurdle to regulate’ – ICT news

According to Eurocommissioner Margrethe Vestager, virtual worlds will be the next area where Europe will have to examine competitive relations.

“It’s time to think about how to ensure healthy competition in the metaverse,” Vestager told a Keystone Strategy conference, according to Archyde.com news agency.

The breakthrough of the metaverse, those virtual worlds that often go beyond pure gaming environments, is temporarily not yet matched by widespread consumer adoption. But Facebook’s renaming to Meta and the intentions of several players to be active there have Vestager wondering what the landscape will look like for there to be enough competition.

In addition, she also wonders whether the breakthrough of generative AI, such as ChatGPT, could change the relationship between actors and their virtual worlds.

“It’s time to ask ourselves how to ensure healthy competition in the metaverse,” Vestager told a Keystone Strategy conference, according to the Archyde.com news agency. beyond pure gaming environments, is temporarily not yet achieving broad consumer adoption. But the change in name from Facebook to Meta and the intentions of several players to be active there, incite Vestager to wonder what the landscape will look like so that there is enough competition. also the question of whether the breakthrough of generative AI, such as ChatGPT, could change the relationship between actors and their virtual worlds.

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