The gap between physical and virtual worlds seems to have been bridged with Metaverse’s entry. In recent context, artificial intelligence (AI) and its applications have also come into the spotlight. However, the question which looms is how integration between the two technologies can help shape global digital landscape. “I believe AI can contribute to the Metaverse by enabling better customer experiences, by learning from the interactions of users with Metaverse,” Kameshwaran Elangovan, co-founder and COO, GuardianLink, a non-fungible token (NFT) marketplace, told FE TransformX.
Market experts have suggested that AI’s influence on Metaverse can help with personalisation, data protection, and automation of work. According to LinkedIn, a social media platform, AI’s role in a Metaverse includes avatar formation, providing three-dimensional (3D) chatbots, understanding data applications, among others. The platform also mentioned that increased user interactions with virtual reality (VR) are enabling correlation between AI and Metaverse, which can create business prospects around learning, entertainment, and employment. Data from Calsoft Inc, a technology-based platform, showed other applications of AI in Metaverse, which are AI for IT operations (AIOps), inclusive user interfaces (UI), and superior smart contracts.
“Through advanced algorithms and machine learning, AI can empower Metaverse to adapt, personalise, and enhance user experiences. AI-driven real-time language translation can foster global interactions, while intelligent content curation can tailors’ experiences based on individual preferences,” Navdeep Sharma, co-founder, ReelStar, a Web3.0-integrated platform, highlighted.
In 2023, Suffescom Solutions, a software company, stated that AI-related costs can start from $900 and can go till $300,000, while for a Metaverse it can range from hundred thousand dollars to millions, as specified by Vegavid Technology, a digital transformation company. Moreover, future predictions indicate that AI-backed Metaverse has potential to alter human interactions. However, market research has shown that AI and Metaverse are considered to be at a nascent stage. Insights from a report by Harvard University, a private university, showed that within 2030, AI applications will affect sectors such as healthcare, education, entertainment, home and service robots, transportation, among others. According to Mark Zuckberg, co-founder and CEO, Meta Platforms, mainstream usage of Metaverse can take five to 10 years.
“I anticipate AI-generated content to blend with human-created content, enriching virtual environments. As AI-driven innovations unfold, the Metaverse should stand as a testament to the fusion of human creativity and artificial intelligence,” Shrikant Bhalerao, founder and CEO, Seracle, a blockchain cloud company, concluded.