Tipped as the next iteration of the internet, the vision of the metaverse is to combine the physical and digital worlds to create a fully immersive experience where users will spend much of their lives. Use cases include everything we use the internet for today and more, with estimates for the target addressable market ranging from $1 trillion to $13 trillion: a market with far too much potential to ignore. Yet, the metaverse brings a number of inherent and novel risks to be tackled.
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Global markets continue to be impacted by rulemaking that seeks to decouple the US and China’s technological dependences. However, it remains to be seen whether fully severing tech supply chains, and investment and financing channels between these superpowers is sustainable, or even feasible, as systematic links exist in parallel to any perceived issues.
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