iQIYI’s Vice President Envisions the Future of MetaUniverse

02/15/2023 14:25 • Daily Digest • 124 views

It is reported that Xu Yongming, vice president of iQIYI (IQ.O), said during the 2023 spring meeting of the MetaUniverse Industry Conference that he believed that MetaUniverse would become the next generation of Internet in the future, and iQIYI was actively exploring the opportunities. He said that the development of the Meta Universe is at an early stage. As the Meta Universe is becoming richer and richer, I believe its empowerment will be better. In the future, some interactive entertainment games, such as offline script killing, will become online. It is also very good to use iQIYI’s IP to do it online and in VR. We have some ideas that need to be explored step by step to see what can succeed. (Guoshi live broadcast vehicle)

Vice President of iQIYI: I believe that the universe will become the next generation of Internet in the future

Interpretation of the news:

During the MetaUniverse Industry Conference, Xu Yongming, the vice president of iQIYI, shared his optimistic outlook on the future of MetaUniverse. His belief is that it will become the next generation of the Internet, and iQIYI is actively exploring opportunities to take part in its development.

According to Xu, the MetaUniverse is still in the early stages of development. However, as this virtual world becomes richer and more expansive, its potential empowerment will only continue to grow. In particular, Xu sees promising opportunities in areas like interactive entertainment games. With the MetaUniverse, offline activities like script killing could become online and virtual, providing even more immersive and engaging experiences for users.

For iQIYI, this technology could be especially transformative. As a leading Chinese entertainment company, iQIYI is in a unique position to use its existing intellectual property (IP) and create new interactive experiences within virtual reality (VR). But as Xu cautions, these ideas need to be carefully explored and perhaps developed over time. What is certain, however, is that MetaUniverse represents a significant opportunity for the company and the industry as a whole.

The rise of VR and other virtual technologies has been a steadily growing trend in recent years. However, with the COVID-19 pandemic, interest in these technologies has accelerated even further. Companies like iQIYI are keenly aware of the potential for MetaUniverse to transform how we connect and consume media. Importantly, though, this transformation will require collaboration and innovation across the industry.

In summary, iQIYI’s Vice President’s statements about the potential of MetaUniverse reveal a hopeful vision for the future of online entertainment. As VR and other virtual technologies continue to evolve, the possibilities for interactive experiences will only continue to grow. While much remains uncertain about this technology, his comments provide a glimpse into the bold ambitions of companies seeking to stay ahead of the curve in entertainment.

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iQIYI’s Vice President Envisions the Future of MetaUniverse

Vice President of iQIYI: I believe that the universe will become the next generation of Internet in the future

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