Crypto-Follow logo Crypto-Follow logo
Cryptoknowmics 2022-05-19 22:30:06

Morality and Ethical Concerns of the Metaverse

The augmented and virtual reality (AR/VR) industry has transformed how we live and work and will continue to do so. This concept combines people’s physical and digital identities forming a “phygital world.” In the metaverse, people can create and recreate themselves many times. Unlike their physical bodies, their digital identities, avatars, will not be limited by social constructs. Brands can reach consumers in new and unprecedented ways through virtual worlds, immersive experiences, and Non-Fungible Tokens (NFTs). The metaverse promises a safe virtual utopia that fosters equality and allows people to express themselves. However, it remains plagued with ethical issues. Issues of Concern in The Metaverse Below are some of the concerns regarding morality and values in the metaverse that needs addressing. Privacy Issues The amount of personal data collected by companies running the metaverse is one of the main concerns about users’ privacy. Compared to social media platforms, the platforms can track users more intimately. Companies can monitor users’ physiological responses and other vital signs in real-time while the users are in the metaverse. This data gives advertisers a better understanding of their users’ behaviour and allows them to tailor their advertising campaigns in an incredibly targeted manner. Today, many consumers do not read every privacy policy. It is concerning that they are not paying attention to these polici...

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer