Nick Clegg: Meta Is in a Transition

The video discusses the transition of a social media company towards building the Metaverse, highlighting the long-term investment and challenges involved. It also covers the current success and growth of existing apps like Facebook, Instagram, and WhatsApp, driven by advertising. The video addresses regulatory challenges, emphasizing the need for legislation on data privacy and content rules, particularly in Europe and the US.

What is the current status of the transition from traditional social media to the Metaverse?

What challenges are mentioned regarding the building of the Metaverse?

How do the existing apps like Facebook and Instagram continue to perform despite the transition?

What are some of the regulatory concerns mentioned in relation to social media?

How is the debate around social media regulation evolving in different regions?