Possible concerns were revealed by a research conducted by the regarding virtual reality. Concerns in the study were noted through technology journalists, scientists, and the industry regarding the use of Virtual Reality by consumers and what would be the possible impact of technology on social relationships. There were also concerns raised about likely mental, physical, as well as, legal effects. ‘Should there be regulation of Virtual Reality as a medical technology?’ was amongst the questions that were raised. The study concluded that social, as well as, political attention is needed to protect consumers.
Another worry was the likely misuse of market power, on the basis of data gathered about consumers in the gaming environment. Giant high-technology firms such as Google, Facebook, as well as, Microsoft have done the investment of billions for developing Virtual Reality platforms and Virtual Reality hardware. With time, there is the availability of more and more applications across the world, as well as, in the Netherlands and Virtual Reality glasses are also becoming cost-effective hence more affordable for consumers. Virtual Reality is an extension of present social media.
It was stated by the Rathenau Institute that discussions must be held all across the world, where the subject of discussion must be rights in the virtual world. Can someone else’s face or body can be used by you for your avatar? Can someone be killed or touched in Virtual Reality? Regulations prevailing at present, such as consumer law and privacy legislation, should be clarified for Virtual Reality. Information related to and the restrictions on making use of biometric data are another sought after a point, and advance research into the long-term effects of Virtual Reality.
Virtual reality is a simulated experience that can be completely different from or similar to the real world.