Fun

The World Economic Forum Is Worried About Safety in the Metaverse

News Feed - 2022-05-23 09:05:59

The World Economic Forum Is Worried About Safety in the Metaverse


The World Economic Forum (WEF), one of the most influential international institutions, has expressed its worries about the safety of metaverse dwellers, especially younger ones. The group has raised a number of concerns regarding the anonymity and safety of young individuals in this upcoming alternate world, and has given a number of recommendations to preserve them. World Economic Forum Puts Metaverse Child Safety First


Big forums and institutions in the world are thinking about the implications that living a part of our lives in the metaverse might bring. The World Economic Forum (WEF), an “international institution for public private cooperation,” has expressed its worries about the safety of young individuals in the metaverse. In an article written as part of the Davos 2022 meeting of the forum, Mark Read, CEO of WPP, explains the growth of this sector and why building a safe metaverse is a priority.


The article conveys that while the metaverse is being promoted as an alternate world for everyone, due to its traits, gaming applications will be the ones garnering the most attention at first glance, which means that children will be the first exposed to these experiences. In this sense, it explains:


Children are in front of more games across more devices for longer – partly because of the pandemic. They are witnessing wide-ranging behaviour (including abuse, if they are not monitored). And monitoring itself is becoming so much more of a challenge. How to Make the Metaverse a Safe Space


The Institution also made some recommendations about how to achieve this safety for younger people in the future of the metaverse. According to a survey made by Wunderman Thompson, 72% of the parents that know what the metaverse is are worried about the privacy of their children therein, and 66% are also worried about their safety.


In view of this, some companies have already started to produce walled and protected metaverse experiences designed especially for children. But in a multi-connected metaverse, this approach does not apply. The article notes that “we must learn how to design better algorithms and business models, and intervene well.” It explains:


Anticipating new behaviors should surely be part of the mix. The metaverse enables immersive, 3D digital experiences and actions not seen before, but we are also seeing a new set of behaviors, some of them worrying, and many of which should not surprise us.


Companies are already building metaverse experiences for kids. In April, Epic Games announced a partnership with Lego to produce a joint metaverse, allowing children to be entertained by building their own experiences. Epic Games owns Superawesome, a company that deals with maintaining these experiences safely for children. Tags in this story Davos, davos. wef, Epic Games, Metaverse, WEF, World Economic Forum, worlkd economic forum


What do you think about the worries that the World Economic Forum has about children’s safety in the metaverse? Tell us in the comments section below. Sergio Goschenko


Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. Dubai Creates Committee to Help Cement Its Position as "Key City in the Metaverse" METAVERSE | 2 days ago Dubai Couple Ties the Knot in the Metaverse METAVERSE | 4 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleHow Gate․io Grew to Become One of the World’s Largest Crypto Exchanges – 9 Years Retrospective Next articleBitcoin, Ethereum Technical Analysis: BTC Climbs Above $30,000 as Balenciaga Greenlights Crypto Payments Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItDraft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament


A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Iran to Increase Penalties for Unauthorized Cryptocurrency Mining Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher Terra"s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

News Feed

Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold
Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold Christopher Wood, the global head of equity at Jefferies, a
Riot Platforms boosts Bitfarms stake with $2.28M share acquisition
Amaka Nwaokocha10 minutes agoRiot Platforms boosts Bitfarms stake with $2.28M share acquisitionRiot Platforms continues navigating its complex relationship with Bitfarms while expanding its operations.51 Total viewsListe
South Korea to Invest $177 Million Directly in Metaverse Platforms
South Korea to Invest $177 Million Directly in Metaverse Platforms The government of South Korea has announced it will start investing in metaverse projects directly. More than $17
Ciaran Lyons7 hours agoVitalik Buterin’s X account hacked, over $691K drained from victims’ walletsFollowing the breach of Ethereum co-founder Vitalik Buterin’s X (formerly Twitter) account, victims allegedly suffe
Zhiyuan Sun8 hours agoAnother Fantom project winds down citing Multichain exposureOver $1.5 billion of users’ and enterprises’ assets were held on Multichain prior to the arrest of its CEO, Zhaojun He.1146 Total view
Chainlink Token Down 60% in Under 40 Days: Opponents Ask If the Bubble Has Finally Burst?
Chainlink Token Down 60% in Under 40 Days: Opponents Ask If the Bubble Has Finally Burst?After reaching an all-time high of $19.20 on August 14, the Chainlink token now trades lower
Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund in Canada
Mike Novogratz"s Galaxy Digital to Launch Bitcoin Fund in Canada Galaxy Digital, the crypto investment management firm founded by bitcoin bull Mike Novogratz, ha
Kevin O’Leary Warns US Crypto Regulation Getting ‘Very Aggressive’ — ‘You’ve Got to Stay out of the Way of SEC’
Kevin O"Leary Warns US Crypto Regulation Getting "Very Aggressive" — "You"ve Got to Stay out of the Way of SEC" Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned
Kevin O’Leary: ‘My Crypto Exposure Is Greater Than Gold for the First Time Ever’
Kevin O"Leary: "My Crypto Exposure Is Greater Than Gold for the First Time Ever" Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that he has more crypto expos
US Authorities Charge Mango Markets Attacker — Defendant Arrested, Detained in Puerto Rico
US Authorities Charge Mango Markets Attacker — Defendant Arrested, Detained in Puerto Rico The U.S. Securities and Exchange Commission (SEC), the Commodities Futures Trading Comm
Trader loses 7-figure sum due to 0L Network hard fork
Zoltan Vardai10 hours agoTrader loses 7-figure sum due to 0L Network hard fork“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing te
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder"s Survey of Crypto and Fintech Experts Reveals Seven days ago, finder.com, a product comparison website, published a fore