That impossibly beautiful model on Instagram might be just that. CGI influencers are already on social media, and Meta’s commercial interest means it shouldn’t be in charge of the ethical guidelines.
For the metaverse to work, people need to own their virtual bodies and possessions and be able to spend money. The same cryptographic technology behind bitcoin will make that possible.
Big tech is increasingly capitalising on opportunities to consolidate their power, raising constitutional questions about legitimacy, rights and democracy in the digital age.
Corporate rebranding is fundamental to the spread of metacapitalism which uses increasingly sophisticated technology to shape, exploit and profit from human interaction.
Facebook’s parent company is now called Meta, as part if its move to embrace the metaverse - the blurring of the online and real worlds via virtual and augmented reality technologies.
Professor of Computer Science, Jacobs Technion-Cornell Institute, Cornell Tech, and Co-Director, Initiative for CryptoCurrencies and Contracts (IC3), Cornell University
Associate Director, Initiative For Cryptocurrencies and Contracts (IC3); Assistant Prof. of Electrical Engineering, Technion - Israel Institute of Technology