Time to harness the potential of AI!
Abhishek Ks Gupta
Partner & National Sector Leader - KPMG in India |TMT IM&A - GCC | Top AI Voice-LinkedIn | Growth | Deep Tech | Transformation | Global Capability Center | Venture Builder | AI | SaaS | Poloist
There is an unabated drive throughout the world to harness the potential of AI. Businesses, researchers, and innovators are constantly evaluating AI's practical uses and economic possibilities.?
? In Metaverse, AI analyses words and messages to predict human behavioral patterns and user’s personality. Metaverse uses AI to create vast pattern content that imitates human behavior. Metaverse uses a combination of AI and blockchain technology to generate a digital virtual world where users can freely engage in social and economic activities which can transcend the limits of the real world. In the future, AI and blockchain technology are predicted to play a major role in the ever-expanding world of the Metaverse.
? Web 3.0 is the most anticipated next stage in the evolution of the Internet. With Web 3.0 internet is expected to be more relevant as it can process information almost like a human brain using AI systems. With Web 3.0, programs can interact with each other without being prompted by humans at every turn. Through AI the content generation in Web 3.0 would be highly intelligent and its distribution precisely targeted. Web 3.0 is expected to provide a more personal browsing experience which will help in establishing a more equitable Internet.
? Microsoft’s Mesh is a complete virtual world containing multiple sub-worlds and digital assets. Mesh can be accessed through various devices to provide a lifelike experience. Mesh uses AI to create a unified and universal space for Team users to collaborate. Mesh for Teams is a mixed reality overlay that allows Teams users to interact in virtual spaces, work with 3D content through their mixed reality glasses and VR headsets.?
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? Self-driving technology, which was once deemed science fiction, is progressively making its way closer to becoming a reality. In fact, by 2040, it is anticipated that over 33 million self-driving vehicles will be on the road. We are warming up to the idea of embracing AI in our worlds as a result of these small AI steps, and this will only open up more possibilities for its use in the future. In a world where legacy organizations are shifting to the digital world and humans are immersed in more and more fragmented virtual worlds, AI offers an ideal tool for meaningful innovation and empowerment. It has now become a viable tool for businesses, and perhaps, for some, an ally. Thanks to artificial intelligence (AI) we're now witnessing advancements in genuinely futuristic technology.
? In October 2021 Facebook (Meta) launched a pilot test of a new cryptocurrency called Novi. The test was limited to US and Guatemala, where the testers were able to transfer money to each other through Novi. Meta has now rolled out Novi payments on all its subsidiaries, like Facebook, Watsapp, and Instagram. Previously Facebook was testing its digital payment called Libra but faced pushback from regulators around the world. Presently Novi enables people to transfer money securely and instantly with no incurred fee.
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