Metanomics denotes an economic framework tailored to address the virtual needs of individuals and virtual assets within virtual universes. This structure encompasses the design and implementation of production, distribution, and financial processes within the Metaverse, which interfaces with the physical world.
Published in Chapter:
Two Sides of the Medallion in the Global Workforce as the Metaverse Evolves: New Job Opportunities and Technological Unemployment
Copyright: © 2024
|Pages: 30
DOI: 10.4018/979-8-3693-0612-3.ch006
Abstract
The most recent societal phase reached by humanity is the information society. Both the industrial and information societies have witnessed groundbreaking technological developments, which, in turn, have significantly impacted the labor market and employment. This study delves into the transformations within the information society, categorizing them as Web 1.0, Web 2.0, and Web 3.0, based on network technology. The Metaverse, constructed upon Web 3.0 technology, is anticipated to play a crucial role in the future of human life, ultimately affecting the labor market and employment. This study explores these potential impacts and classifies labor groups operating on Metaverse platforms as users, developers, supporters, and security providers. It is evident that the potential for effects resulting in reduced employment and increased unemployment is considerable. Consequently, it is emphasized that governments on a global scale should adopt proactive policies to address workforce training and employment conditions.