New form of global “collaboration” through a “metaverse platform”

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The leaders of the World Economic Forum, WEF are coming with a new idea to support falling globalisation processes by using as the main driving force modern achievements in science, research and innovation. Extensive digitalisation will help adapting to changes is the tool in the idea’s implementation, to enable people manage lives in more effective ways. The “global village” will not replace face-to-face communications but supplement and extend world-wide human inter-connections.

Numerous world-wide internet facilities and a similar spread of information communication technologies, ICTs are going to serve as enablers of a “global village” (or a metaverse platform) that would unite people across borders, as well as support exchange of ideas and revolutionize socio-economic progress.
It has been recognized that internet, however, has also had some negative effect, i.e. by increasing polarization and accelerated division among countries and people; starting active “transformative technological development” could address this divide.
WEF’s annual meetings aimed at encouraging world leaders to work together on such modern challenges as: interconnected issues of energy, climate and nature; investment, trade and infrastructure; frontier technologies and industry resilience; jobs, skills, social mobility and health; as well as a renewed geopolitical cooperation in a multipolar world.

The idea of a “metaverse platform” belongs to Klaus Schwab, the Founder and Executive Chairman of the World Economic Forum (WEF) who presented – in cooperation with Forbs – an abridged “platform’s” version – in the Forum’s webpage on January 17, 2023.
He postulates that “metaverse technologies” would allow mankind immerse in three-dimensional virtual worlds that offer people extensive opportunities “to see, understand and imagine” the world in a “new way”.
Metaverse platform, as a new form of technology-enabled human interaction is already, according to K. Schwab, would become an integral part of personal, corporate and professional lives. Billions of dollars are being already invested into developing the metaverse, which is projected to become an $800 billion market by 2024. He argues that “business executives, government officials and civil society leaders must come together to define and build an economically viable, interoperable, safe, equitable and inclusive metaverse”. And he adds that “the metaverse must show that it is not just a replacement for what we already do but that it enables us to do things in new and more effective ways”.

Citations and reference to:

Global “collaboration village”: basics
The main idea behind the new WEF’s project is to harness “missing physical human connections” instigated by the internet and ICTs leading to the lack of trust and global polarization. Hence, a cure for a “fragmented world”, according to WEF, is an active cooperation…
Multiple crises are deepening divisions and fragmenting the geopolitical landscape; modern leaders must address people’s immediate, critical needs while also laying the groundwork for a more sustainable, resilient world, already by the end of the decade (in line with the accomplished sustainable development goals, SDGs by 2030). “To address the root causes of trust erosion, we need to reinforce cooperation between the government and business sectors, and creating conditions for stronger and durable recovery; besides, there must be the recognition that economic development needs to be made more resilient, sustainable and nobody should be left behind,” said Klaus Schwab, Founder and Executive Chairman, World Economic Forum.
Reference to:

The capabilities of the metaverse create necessary conditions to make extraordinary progress in global interaction and collaboration: that’s the main purpose in establishing the Global Collaboration Village, the first global, purpose-driven metaverse platform. Created to enhance more sustained public-private cooperation and spur action to drive impact at scale, this global village – on the background of existing communication modes – will provide additional supplements and means to extend human abilities to more progressive inter-connects around the world.
Innovative and immersive nature of the “global collaboration village”, according to K. Schwab, has the potential to create a powerful and efficient means to drive global progress: inclusive and responsible by design, it will be a creative place to formulate alternative growth strategies, explore transparently and safely all new ideas and systems, as well as “creating future” by engaging all possible partners.
Engaging with global experts and innovators is another component of the “global village” in partnership with Accenture and Microsoft, being supported by a consortium of leading global corporations, governments, international organizations, academic institutions and NGOs, postulate WEF.

Note: Our institute thinks that a new form of global “collaboration” through a “metaverse platform”, described by Klaus Schwab, Founder and Executive Chairman, World Economic Forum in a very abridged version, needs additional and more concise supplemented input, which we expect would come soon.
Otherwise, in a present form, it doesn’t differ much from the existing means, methods and structures of contemporary global cooperation. However, the WEF’s leaders are definitely right: global community in presently divided world needs changes and adaptive ways towards new ways of “collaboration”, no doubt about it…

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