Topic: Science and Technology- developments and their applications and effects in everyday life
5. Metaverse is well and truly taking off and India must put in place policy and regulatory mechanisms to maximise benefits and minimise risks of the novel technology. Examine. (250 words)
Difficulty level: Moderate
Reference: The Hindu
Why the question:
Facebook CEO Mark Zuckerberg on Thursday outlined his vision for the future of the social media giant, formalising the company’s focus on the metaverse.
Key Demand of the question:
To write about technological and regulatory preparations that India must ensure for developments of new virtual environments like metaverse.
Directive word:
Examine – When asked to ‘Examine’, we must investigate the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications.
Structure of the answer:
Introduction:
Start the answer by defining metaverse.
Body:
First, explain the concept of metaverse – a science fiction concept about to be turned into reality.
Next, Elaborate on the various components of the metaverse and its possible applications. Substantiate with examples.
Next, Analyse the areas that India needs to proactive prepare to reap maximum benefits while reducing the negative impacts. Infrastructure development, interoperability, Payments system, Preventing Cartelization by big companies, Security, Privacy and regulatory issues that must be put in place.
Conclusion:
End the answer with a way forward which summarises need to make most of the opportunity of technology of metaverse.
