By Brian Rayner
JTB Online
Managing Partner
Jan 27, 2023
The Metaverse, a term coined by science fiction author Neal Stephenson to describe a virtual reality shared by millions of users, is becoming a reality. With the advent of virtual and augmented reality technologies, the Metaverse is quickly becoming an exciting new frontier for technology and commerce. I was aware of the Metaverse a spell before Ol Zucky Boy, so aptly turned Facebook into “Meta.” I was introduced to the term from being a cryptocurrency swing trader, for the past few years.
Enough about me…
One of the most exciting aspects of the Metaverse is the role that artificial intelligence (AI) will play in shaping this new reality. AI-powered avatars and virtual assistants will be able to interact with users in new and innovative ways, allowing them to experience the Metaverse in a more immersive and personalized way. For example, AI-powered avatars will be able to understand and respond to users’ emotions and preferences, providing them with a more tailored and engaging experience.
Another key aspect of the Metaverse is the emergence of decentralized finance (DeFi) platforms.
DeFi is a new financial paradigm that is built on blockchain technology, which allows for the creation of decentralized, trustless financial systems. In the Metaverse, DeFi will play a crucial role in enabling new forms of commerce and trade. For example, users will be able to use DeFi platforms to trade virtual assets, such as digital collectibles, in a secure and trustless manner.
In the Metaverse, AI and DeFi will be closely intertwined. AI will be used to create new and innovative ways for users to interact with the Metaverse, while DeFi will be used to facilitate secure and trustless commerce and trade. Together, these technologies will help to create a more engaging, personalized, and secure experience for users in the Metaverse.
As the metaverse evolves, AI and DeFi have the potential to revolutionize the way we interact and transact with each other in virtual worlds. These technologies will open up new opportunities for creators, businesses and users to build and engage in new forms of economy and social interactions. As the metaverse becomes more mainstream, it’s likely that these technologies will become more integrated and will play an increasingly important role in shaping the future of the metaverse.
I can envision a future where, with the help of AI and DeFi, the metaverse will be so immersive of an experience, that it will unparalleled.
AI will allow The Metaverse to “learn and adapt” to the massive amounts of human interaction data, and thus be able to custom-fit the experience for those who cross it’s threshold. DeFi will allow this experience to have full financial autonomy and lighting fast capabilities, which will open up the entire world to a totally new paradigm of existing.
Since AI and the Metaverse will coexist with the “New Bretton Woods Future” of global finance, then we can expect that it will constantly learn, adapt and evolve, along with the ways our future selves will finance our lives.
How could it not? 🤔