• “We’re building for the meta-universe,” says Meta VP Nick Clegg

  • Nick Clegg, vice president of global affairs and communications at Meta Platform, spoke on a panel about Facebook and European innovation at the Web Summit 2021 in Lisbon.

    The world’s largest tech conference has returned to a physical setting after a two-year Covide-induced virtual hiatus. The event showcased a distinguished list of entrepreneurs, organisations and influencers at the forefront of their fields and attracted 42,751 attendees from 128 countries, 50.5% of whom were women – the highest participation rate in the ten-year history of the event, according to data recently compiled by the Web Summit communications team.

    Clegg was interviewed and his panel presentation was upbeat and expressive, sharing some noteworthy insights into the development and anticipated execution of Facebook’s new Meta project.

    Clegg shared his personal belief that “we [Meta] are as open as we can be, and we’re not looking to build the meta-universe ourselves. We are building for a chaotic world” and then continued.

    “I think a lot of people might be relieved to know that the metaverse will not be sacredly owned, managed and curated by Mark Zuckerberg and Meta.”

    The former British politician, who was leader of the Liberal Democrats from 2007 to 2015 and served as Britain’s deputy prime minister in the coalition government alongside David Cameron from 2010 to 2015, is most often considered an Orange Book liberal whose political leanings are aligned with choice and freedom in personal lives and economic markets.

    He shared a quote that highlights the critical importance of promoting cooperation and pursuing technological development.

    “It’s important for us to get out there as early as possible and say that unlike previous technology bursts, which happened very suddenly and then, if you will, society, regulation and law later gasped to try to catch up – which was perhaps part of the debate we had after the problems brought about by Francis Haugen – this time we can do it the other way around.”

    Facebook’s Connect conference saw Facebook’s enterprise pivot into the metaverse marketplace, placing them between blockchain platforms Axie Infinity, Decentraland and The Sandbox, building virtual world architectures for people to work, socialize and work with non-fungible tokens (NFTs) and other aspects of the cryptocurrency space to integrate and coexist.

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