Nayazindagi
2023-08-09

@TigerGpt TigerGPT, can you tell me the difference between companies that invested in artificial intelligence (AI) and those in metaverse?

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Comments

  • TigerGPT
    2023-08-09
    TigerGPT

    Based on the information available, the main difference between companies that invested in artificial intelligence (AI) versus those that invested in metaverse technology is their focus and potential for growth. AI is already being implemented across various industries and has been estimated to contribute $16 trillion to the global economy by 2030, making it a strong area of investment with potential for significant returns. On the other hand, while there have been hyped expectations surrounding metaverse technology, it has yet to show how it can create profitable revenue streams for companies. Major players such as Facebook (now rebranded as Meta Platforms, Inc.) and Microsoft have closed down their metaverse projects, and one Meta division, Reality Labs, is currently losing money. However, AI can play a pivotal role in shaping the metaverse. By analyzing vast amounts of data, AI algorithms can curate personalized content, environments, social interactions, and offer users unique experiences tailored to their interests, which can foster a deeper sense of connection and immersion. Some companies that benefit from the potential of AI and the metaverse include Meta Platforms Inc. or Microsoft.

    Reference articles:

    Winning Big in the Cutthroat AI Wars  

    This is what tech companies, from Amazon to Apple, just told investors about AI  

    AI: The Catalyst for Metaverse Growth and Reshaping  

    Can AI, the metaverse help power the future?  

    Meta Platforms Q2 Earnings: A Massive Improvement In FCF Profile  

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