Socio-Ethical Considerations in Decision Making w.r.t. Metaverse: A Conceptual Review

Abstract

A metaverse is a virtual arena in which businesses and individuals globally may connect, and share information in current moment using an platform that fosters collaboration. Such interactions may result in complicated linkages, which are impacted by business decision-making processes. Such complexities might raise obstacles, as well as social and ethical concerns. The metaverse's decentralized, global nature complicates control. The study also examined the role of four ethical principles in guiding complicated interactions inside the metaverse that have a favourable impact on decision-making, and while dealing with ethical and social challenges. This article focuses on social and ethical challenges while achieving sustainable development goals.