-
Unlike previous online worlds, the metaverse offers enhanced immersion, creating a believable virtual experience.
-
Metaverse is predicted to be the next evolution of the internet, with projections suggesting a quarter of people will spend at least an hour daily in the metaverse by 2026.
-
Its global value could exceed £1 trillion by 2030. The metaverse integrates artificial intelligence as a core technology.
-
While it could benefit sectors like education, healthcare, and business, the metaverse also has potential drawbacks. In early 2024, UK police investigated an alleged sexual assault in the metaverse.
- Technologies that currently drive the increasing sophistication of internet-enabled fraud, such as artificial intelligence, are also technologies that are important to the metaverse.
-
Early research indicates that exposure to virtual worlds may negatively impact decision-making and reasoning for some users. Safeguarding children in the metaverse is challenging due to limited detection and prevention capabilities.
-
Current UK laws may address some legal issues in the metaverse, but their applicability remains largely untested in courts.
Read the full POST brief.