Can the metaverse offer benefits for developing countries?

The term metaverse has recently surged in popularity. Google Trends reports a tenfold increase in searches for the word between the beginning of October 2021 and the end of January 2022.  Big tech sees the metaverse as the next market opportunity — Mark Zuckerberg rebranded Facebook as Meta, and Microsoft has said it intends to build an …

What would a next-generation organizational structure look like for governments?

The success or failure of organizations is critically dependent on how they are organized. Governments today are large bureaucracies with organizational structures that have changed little over the years. They have also expanded vastly over time. Under its first president, George Washington, the US government started with three cabinet departments, State, Treasury, and War. The …

Can artificial intelligence be regulated? Perhaps not.

We are seeing several government initiatives to regulate artificial intelligence (AI) in recent months. The European Commission issued a groundbreaking proposal for the regulation of AI in April this year. Last November, the White House issued a memorandum providing “Guidance for Regulation of Artificial Intelligence Applications.” The OECD’s AI Policy Observatory lists over 600 policy initiatives from more than …

How should governments prepare for the metaverse?

A metaverse is a persistent virtual reality space. Neal Stephenson was the first to coin the term metaverse in his 1992 science fiction novel Snowcrash. Consider it a combination of virtual reality and a massively multiplayer online game (MMOG). A metaverse can be defined as a virtual world where multiple users can exist simultaneously and interact …