Explore the future of extended reality (XR) in this 48-minute Davos conference talk from the World Economic Forum. Delve into the principles necessary for building safe, interoperable, inclusive, and accessible metaverse environments for consumers and businesses. Examine the potential growth trajectory of the XR ecosystem, discuss governance and risk management in virtual worlds, and consider the implications for inequality, anonymity, and collective creativity. Learn about the challenges and opportunities presented by the metaverse, including issues of interoperability, training, and problem-solving in virtual spaces. Gain insights from industry leaders on shaping a shared digital future and understand the role of international cooperation in developing these emerging technologies.