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Metaverse: The Role of Artificial Intelligence (AI)

Metaverse and artificial intelligence are one of the hottest topics in the technological world today. Metaverse and AI are features of the latest version of the internet which is still in its developmental stage.

Metaverse is really growing in our world aiming to become the next big mainstream technology. Much has been said about the role of blockchain in the Metaverse, but thanks to the big hype of NFTs, we are left wondering what is being said about the intersection of the Metaverse AI.

The power of many technologies will play a major role in the existence of this next phase of the internet. Artificial intelligence especially is needed to drive the metaverse.

In this post, we’ll discuss the role of artificial intelligence in the metaverse. Before then, let’s know more about the metaverse, artificial intelligence & metaverse AI.

What is Metaverse?

The metaverse is a massively scaled, interactive virtual platform comprised of interconnected virtual worlds. It is a place where people can play, socialize, work, shop, and then buy and pay using nonfungible tokens (NFTs) and other forms of cryptocurrency.

It consists of decentralized, interconnected virtual reality worlds where people (or their avatars) can do just about anything they do in the physical world.

The metaverse is an element of web3 which is the next big thing in the evolution of the internet. It will change how private and public-sector businesses work. It will be driven by the consumer, looking for the same digital experience at work that they experience at the home.

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What is AI-Artificial Intelligence?

The term “Artificial Intelligence” refers to the simulation of human intelligence processes by machines, especially computer systems. It also includes Expert systems, voice recognition, machine vision, and natural language processing (NLP).

AI programming focuses on three cognitive aspects, such as learning, reasoning, and self-correction. In learning, AI gathers and creates rules (algorithms). In reasoning, AI selects the best algorithm to achieve the desired result. While its self-correction processes are aimed at finetuning algorithms regularly in order to ensure that they offer the most reliable results possible.

Examples of AI include google maps & ride-hailing applications, gaming, social media, chat books, and e-payments. Others include text editors& auto-correct, space exploration, banking & finance, smart keyboard app, music & media streaming service, and so on.

The Metaverse AI

Metaverse AI combines various technologies such as VR, 3D animation, and blockchain. Many companies are already working on creating services for this new digital world. An example is Facebook which has its name changed to ”Meta”.

The metaverse AI is still in its developmental stage as the latest version of the internet. The Metaverse AI will be like a distant evolution of Web3. In its most complete form, it will be a series of decentralized, interconnected virtual worlds with a fully functioning economy where people can do just about anything they can do in the physical world.

Metaverse AI will help open up enormous opportunities for increased sales and user experience in e-commerce. It will also give marketers a treasure trove of consumer data.

Metaverse is hoped to be the next level of the virtual conference where companies, associations, and trade groups joined together under the disguise of their avatars.

Manufacturers are not left out as they will be able to design products and let digital versions loose in the metaverse. This will also open up huge marketing opportunities to design contests, races, and other promotions that broaden brand awareness.

The Role of Artificial Intelligence in Metaverse

AI will be needed to get the best out of the metaverse. Advances in virtual/augmented reality and blockchain will be required before we can fully realize the metaverse. Listed below are some of the roles AI will play in the metaverse.

1. AI will power the metaverse and enable its scalability and automation. This will be more powerful than any other technology.

2. Deep learning-based software will autonomously drive all activities, and chatbots and other forms of natural language processing will drive interactions.

3. AI will be called upon to understand words, images, videos, and text and respond accordingly—regardless of the user’s language. This all requires a massive amount of training data and modeling.

4.  3D images, animation, speech, and even metaverse artwork will be generated by AI.

5. AI will be needed to automate smart contracts, decentralized ledgers, and other blockchain technologies to enable virtual transactions.

6. AI will be needed for social interactions for some people but also for the disabled and a low level of digital capabilities. Some relevant technologies needed could be image recognition, automatic translation, brain-computer interfaces, intelligent exoskeletons, etc.

What are the issues with Metaverse AI?

As impressive and beautiful as the features and opportunities with Metaverse AI are, we need to be careful with it.  The problem of unfair AI is compounded in the metaverse because there won’t be anyone setting the rules of play or enforcing any ethical codes. It is decentralized meaning it is not controlled by any government/authority.

There will be huge opportunities for businesses to thrive in the metaverse eventually, but we need to tread lightly. There are con artists and other bad people in the world who always look for the opportunity to hurt others.

The challenge lies in living up to the promise of the metaverse while making sure there are rules of conduct for entering it. As stated earlier, the metaverse is still in process, it is hoping to reach its potential as the next big thing on the internet.

The Bottom Line

The metaverse AI is one of the most talked-about topics in the technological world. There are many opportunities to look out for in the technology regarded as the ‘next big thing’ on the internet.

Artificial intelligence (AI) will play a huge role in the success of the metaverse which some companies are already working on. However, with many of its merits, the metaverse AI is not without demerits, and care needs to be taken in its hype for the future.

Also ReadTop Metaverse Gaming Platforms In 2022

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As a cryptocurrency and gift card expert, I am passionate about exploring the intersection of finance and technology. With a background in both fields, I bring a unique perspective to my writing, offering an in-depth analysis of the latest developments and trends in the world of digital currencies and gift cards.

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