A better way to regulate the metaverse

Virtual universe of the future should be managed just like our physical world

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A man uses Meta's Oculus VR headset and a touch controller: existing legal principles should be applied to the metaverse. © Reuters

Nina Xiang is the founder of FutureLogic, a media platform bridging the Asian and global innovation economy. She is the author of "US-China Tech War: What Chinese Tech History Reveals About Future Tech Rivalry."

When Facebook operator Meta Platforms CEO Mark Zuckerberg says that the metaverse involves "immersive, all-day experiences," or Walt Disney CEO Bob Chapek talks about it as "storytelling without boundaries," what they are actually saying is that the inevitable metaverse will be just another marketplace. A market where users can yet spend more money and still more profits can be harvested.

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