China's Reaction to the Metaverse

• Report published by China Institute of Contemporary International Relations (CICIR): https://mp.weixin.qq.com/s/hlN7k-_4ZSftpyE2qNAGeA
• Summarized by Bruno Macaes: https://brunomacaes.substack.com/p/the-metaverse-and-national-security

Summary

• Report envisions the metaverse as a driver of technological innovation
• Many of the fields that the metaverse will drive investment in are adjacent to national security
  • Simulation graphics
    • Doesn't the video game industry already drive significant investment there? Will the metaverse be a step change?
  • Artificial intelligence
  • Wearables
  • Robotics
  • Brain-computer interfaces
  • I wonder if these people have drunk more of the metaverse Kool-Aid than even Zuckerberg
• Metaverse will further increase the significance of the online economy compared to the economy of physical goods and services
• Promises to integrate the physical and the digital
• Represents a technological disruption which will have winners and losers among both corporations and nation-states
• American authorities hope to use the Metaverse to push American companies to a new level of dominance while taking advantage of the new technology to promote American culture and values
  • I wish our authorities were this competent
• Japan and Korea are mentioned as other possible Metaverse rivals; Europe is ignored
  • Sounds about right, esp. w.r.t. Europe
• Conclusion: Governments must pay attention to the Metaverse as a potential field for strategic competition

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