The EU Unveils “Web4 and Virtual Worlds Strategy”
The European Commission (EC) has announced its strategy to create “web4 and virtual worlds” that align with EU values and principles. This new generation of the internet, called web4, combines artificial intelligence, the Internet of Things, blockchain, virtual worlds, and augmented reality. The EC aims to invest in new technologies and provide people with the skills to safely navigate these virtual environments.
Key Points:
– Web4 is the integration of various technologies, enabling enhanced interactions between humans and machines.
– The EC plans to support local web4 businesses and set global regulatory standards.
– Enterprise use cases include a program called the Partnership on Virtual Worlds and an industrial roadmap for virtual worlds.
– Public authority initiatives include immersive urban environments for city planning and modeling clinical decisions.
– The EU is concerned about competition from the U.S. and China in the development of virtual worlds.
The EU’s strategy focuses on fostering innovation and collaboration within the region to ensure it remains competitive in the rapidly evolving digital landscape. While the EU may lack tech giants like those in the U.S. and China, it aims to leverage its strength in research and innovation for middleware and software. By promoting the development of web4 and virtual worlds, the EU aims to benefit sectors such as healthcare, environmental sustainability, and disaster preparedness.
Hot Take:
The EU’s web4 and virtual worlds strategy demonstrates its commitment to staying at the forefront of technological advancements. By investing in these areas and setting regulatory standards, the EU aims to shape the future of the internet and ensure it aligns with its values and principles. This strategy not only aims to boost the EU’s technological capabilities but also foster innovation and drive economic growth within the region.
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