The Metauniverse Goes Through a Cooling Period

03/04/2023 04:46 • Blockchain Briefs • 114 views

On March 4, it was reported that as the AIGC (using artificial intelligence technology to generate content) heatwave continued to sweep through, the heat of the metauniverse, which the technology industry had previously been enthusiastic about, fell. Recently, technology enterprises at home and abroad, such as ByteDance, Tencent, Meta, have made adjustments to the business of the metauniverse, changing the business development path or reducing staffing. Industry insiders said that technological development can be divided into fast and slow. In the short term, the metauniverse has become a “slow technology” and returned to rational development. In the long run, AI and VR hardware technology iteration will further promote the development of the metauniverse.

Domestic and foreign technology companies collectively “reduce” the yuan universe

Analysis based on this information:

The report on March 4 informs that as the AIGC or Artificial Intelligence Generated Content heatwave extended, the metauniverse’s enthusiasm in the technology industry plummeted. Enterprises worldwide, including ByteDance, Tencent, and Meta, have made changes to their business path or decreased their workforce in the metauniverse. Analysts suggest that technology development can be sorted into two categories: fast and slow, and presently, the metauniverse exemplifies the latter category, returning to rational evolution. However, experts believe that in the long term, the metauniverse will experience a rejuvenation as advances in AI and VR hardware technology further trigger its growth.

The emergence of AIGC has introduced a new exciting era in content creation, where machines can generate realistic and personalized content without human involvement. However, while AIGC has its advantages in efficiency and cost savings, its over-reliance has led to concerns about the authenticity and creativity of the content. This phenomenon is the “heatwave” referred to in the message, implying an excessive usage of AIGC to create content even where it is not essential.

The metauniverse, which encompasses virtual and augmented reality, has been a promising area for businesses in the technology industry, with many investing significant resources in its development. However, the diminishing enthusiasm in the industry reflects a period of recalibration, reevaluating how best to develop and use technology. Companies have started adopting a more measured approach and reassessing the technology’s impact on their profit margins, leading to adjustments in their business path or workforce.

In the short term, the metauniverse, like all technology, experiences a period of deceleration and consolidation, with companies rethinking their approach to technology usage. In the long term, there are potential boosts in the growth of the metauniverse due to advancements in AI and VR hardware technology. These technological innovations could further drive the growth of the metauniverse and create further opportunities for businesses in the technology industry.

In conclusion, while the metauniverse’s excitement may have waned due to the excessive usage of AIGC, the technology industry is recalibrating and adopting a more rational approach to its development. In the long term, the metauniverse possesses significant potential for growth as AI and VR technology progress.

Keywords:
AIGC
Heatwave
Metauniverse
Business
Technological Development

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The Metauniverse Goes Through a Cooling Period

Domestic and foreign technology companies collectively “reduce” the yuan universe

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