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Mark Zuckerberg delivers a speech about the metaverse during a virtual event. Mark Zuckerberg—then the CEO of Facebook, which has since been renamed Meta—delivers a speech about the metaverse during a virtual event, Oct. 28, 2021 (AP photo by Eric Risberg).

Without Regulation, the Metaverse Will Be Like Social Media on Steroids

Thursday, April 28, 2022

“Society cannot exist without Law,” the 19th-century U.S. Supreme Court Justice Joseph P. Bradley famously declared. Aristotle similarly remarked, “Law is order, and good law is good order.” Both men would have been horrified at the prospect of a new, virtual society that potentially lies outside the scope of any system of law, save for contractual provisions imposed by its commercially motivated, all-seeing creator.

Nonetheless, in a recent survey, only 36 percent of Americans said that government-enacted regulations would be an important factor in their decision over whether or not to use the metaverse. Life in a virtual reality or augmented reality world is enticing, whatever the fine print. ...

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