The metaverse, a futuristic concept encompassing virtual reality, augmented reality, and artificial intelligence, is rapidly taking shape. As users create and interact with virtual objects and environments, complex issues arise regarding data protection, intellectual property, consumer protection, and cybersecurity. The European Commission's General Data Protection Regulation (GDPR) will play a crucial role in shaping the metaverse's regulatory framework. Blockchain technology may introduce new challenges related to decentralization, governance, and compliance. Social relationships and community dynamics are also likely to be impacted, with concerns about social isolation, addiction, and mental health arising. As automation and AI increasingly displace traditional jobs, policymakers must develop strategies for upskilling and reskilling workers.
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