Emerging Virtual Institutions

Emerging Virtual Institutions collectively include the future economic and community-based growth of virtual reality worlds such as Second Life and World of Warcraft, the point where these spaces are no longer just a place for individuals to interact through computer-mediated reality, but instead become significant structures and mechanisms of social order and cooperation within the real-world. As demonstrated by Prof. Larry Lessig of Stanford University in 2003, citizens of Second Life are capable of protesting the virtual laws of their space to enact positive change (in this case, allow individuals to have virtual property rights).

See also

  • Simulated reality

References