The Metauniverse: A Slow-Down in Heatwave

03/04/2023 04:46 • Metaverse & Beyond • 94 views

On March 4, it was reported that as the AIGC (using artificial intelligence technology to generate content) heatwave continued to sweep through, the heat of the metauniverse, which the technology industry had previously been enthusiastic about, fell. Recently, technology enterprises at home and abroad, such as ByteDance, Tencent, Meta, have made adjustments to the business of the metauniverse, changing the business development path or reducing staffing. Industry insiders said that technological development can be divided into fast and slow. In the short term, the metauniverse has become a “slow technology” and returned to rational development. In the long run, AI and VR hardware technology iteration will further promote the development of the metauniverse.

Domestic and foreign technology companies collectively “reduce” the yuan universe

Interpretation of the news:

The AIGC, using its artificial intelligence technology to create content, has recently caused a “heatwave” in the industry, but unfortunately, this may have led to a slow-down of the metauniverse. Major technology companies from both China and abroad, such as ByteDance, Tencent, and Meta, have recently adjusted their business plans or reduced employee numbers for the metauniverse. This slow-down is attributed to the divide between fast and slow technological development.

The metauniverse, which has been eagerly anticipated by the industry, is an advanced version of virtual reality, where millions of users meet in a shared digital space. This new technology allows people to communicate, shop or even attend events in this virtual world while still in reality. The success of the metauniverse depends heavily on artificial intelligence technology and virtual reality hardware.

In the short term, the metauniverse has become a “slow technology,” as adjustments to the business development path and staff layoffs suggest. This is because the industry’s recent focus on fast technological development has resulted in companies rushing to explore the potential of the metauniverse, without fully considering its limitations. Thus, a slow-down in the industry and rational development of the metauniverse was necessary, allowing for a more thoughtful approach.

However, this short-term approach does not mean that the metauniverse’s future is uncertain, as the industry believes that AI and VR hardware technology iteration will help bring back the heat of the metauniverse in the long run. The industry needs to focus on a more sustainable and long-term development of the metauniverse for it to be successful.

In conclusion, the metauniverse’s slow-down in the short term allows industry leaders to adopt a more sustainable approach to development. While this may indicate a brief moment of uncertainty for the metauniverse, in the long term, AI and VR hardware technology will undoubtedly accelerate its development. Ultimately, the metauniverse is a technology that will bring exciting changes to the way we interact with each other, and we can expect continued developments in this space going forward.

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The Metauniverse: A Slow-Down in Heatwave

Domestic and foreign technology companies collectively “reduce” the yuan universe

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