Microsoft president says tech must compromise, downplays metaverse 'hype'

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The tech sector needs to compromise with regulators and take governments and people's concerns seriously, Microsoft president Brad Smith said in an interview on Wednesday.

President of Microsoft Brad Smith reacts during an interview with Reuters at the Web Summit, Europe's largest technology conference, in Lisbon, Portugal, November 3, 2021. REUTERS/Pedro Nunes

On the sidelines of Lisbon's Web Summit, Smith said he was not sure the tech industry had shifted to trying to solve these problems as much as will likely be needed in the coming decade. "Government see through that, and it's not going to bode well for the sector...We sort of need to get real."recent campaign against a provision of the EU's Digital Markets Act that would oblige the iPhone maker to let customers install software from outside its App Store, a practice called sideloading.

Facebook, used by nearly 3 billion people, changed its name to Meta amid strong criticism of its business practices to focus on building the "metaverse," a shared virtual environment it bets will succeed the mobile internet."I think will be very big... and quite important," Smith said. "We have to ensure that it protects privacy, digital safety and protects against disinformation, manipulation. We have a lot to clean up.

 

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