The World Economic Forum (WEF) is on track to be at the center of defining what the future metaverse will look like by inserting itself in the metaverse’s creation early on.
WEF’s “multistakeholder initiative” wants to assume a leadership role in defining and building the metaverse, Facebook (Meta) President of Global Affairs and former British Deputy Prime Minister Nick Clegg has announced.
The initiative, laid out in a post on the Davos event’s website, is ambitious: it seeks to provide guidance on creating “an ethical, inclusive, economically viable metaverse,” and represent the link between businesses, regulators, civil society, and academia from both the private and public sectors.