AI-powered Metaverse : A Game-Changer for Businesses

The metaverse industry has been constantly growing, with more and more companies across the globe incorporating metaverse strategies. Its versatility and global reach make it a strong strategy to have in one’s pocket.

What is the metaverse?

The metaverse is a virtual simulated environment where users login and interact with each other and their environment using digital representatives called “avatars”.

With latest technological developments, Artificial Intelligence, or AI, is being incorporated into metaverse environments to provide an enhanced experience.

STATISTICS about the AI industry

• From a $86.9B sized market in 2022, the AI market is expected to rise to $407B by 2027.
• 64% of businesses expect AI to boost productivity.

AI-powered enhancements

AI Avatars

• AI is used to code avatars with human gestures. As humans, we subconsciously relate to non-verbal cues such as blinking, hand movements, smiling and expressions.
• Humanising avatars using AI delivers a more engaging experience for attendees.
• AI avatars are also customisable, allowing attendees to have freedom and be creative and thus, resulting in a more memorable experience.

AI Metaverse

• User experience and AI go hand-in-hand and AI is used to enhance the experience of the user in the metaverse.
• A metaverse integrated by AI is more realistic.
• AI is used to create a highly immersive virtual environment that piques an attendee’s interest and keeps them engaged.

AI Virtual Assistant

• Having a human operator constantly on the metaverse is not feasible. The metaverse might be logged in by people from around the world and hence, owing to the time difference and the high volume of attendees, it is not possible for a human operator to have a one-on-one interaction with all attendees with queries and solve them in time.
• Generative AI-based conversational chatbot avatars provide a humanised, one-on-one live interaction without the time delays experienced with human operators.
• A humanised AI voice assistant ensures timely clarifications in a conversational tone keeping the attendee engaged.

AI for high-volume data analysis

• Owing to the large number of attendees that metaverse events attract, it is tough to keep a track of high volumes of data. This makes the process of generating analysis reports that much more time consuming and difficult.
• Using an AI assistant, not only can you analyse higher volumes of data, but also generate timely reports that are accurate, ensuring that no leads are lost.

Conclusion

AI-integrated metaverse experiences are more immersive and engaging as compared to virtual event platforms. With technological advancements, metaverse and AI have become synonymous, and a metaverse event gathers a lot of global hype, experiencing high virtual footfalls and high engagement. AI integration further enhances these experiences.

FAQ’s

Is it difficult to set up the metaverse?

Not at all! ibentos uses a no-code metaverse platform that can be set up in little time and is easily customisable to suit your needs.

Is setting up a metaverse a costly situation?

ibentos offers various subscription levels and you can scale up depending on your requirements. We ensure that our platform adds value to our clients’ endeavors.

How important are avatars to the metaverse?

Avatars are what create a shared experience on the metaverse. Users interact with each other using their avatars. The avatars are also used to access the components of the metaverse. Gen AI-based chatbot digital avatars are also used to provide a humanised interaction rather than a text-based chatbox.

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