Get ready for an exciting episode this week as we explore the dynamic relationship between the metaverse and AI. We’ll also dive into the cutting-edge insights from the Future Today Institute’s 16th edition of its Tech Trends Report, which was unveiled at SXSW and bonus! we will talk about an upcoming event in amazing Metaverse that is not to be missed.
Hi there! I’m Ethan Bach, and I’m thrilled to be coming to you from Alt Ethos, a Metaverse and Experiential Design Studio in our weekly roundup. In under 5 minutes, we’ll be giving you the latest Metaverse, XR, and Web3 news to keep you ahead of the curve.
In a recent interview with Gartner director analyst Tuong (Two Nong) Nguyen (Wen) on sdxcentral.com, they discussed the impact of AI on the metaverse and vice versa. It’s clear that these two technologies are going to change the game when it comes to digital interaction.
Initially, AI will revolutionize the metaverse by allowing for personalized experiences that adapt to users’ preferences and behavior. With AI algorithms, users can expect immersive and dynamic experiences tailored to them in the 3D world. Additionally, intelligent avatars will become more human-like, using natural language processing and computer vision to communicate with users and react to their actions and emotions. We have already seen examples of this just weeks after ChatGPT came out in the metaverse Engage who customized an NPC to speak through AI and help the user to use tasks in Engage.
However the things you may not be things is how the metaverse will also fuel the development of AI technology. Let’s be honest, one reason the metaverse is so desirable for marketing is the collection of data. It’s like social media data collecting on crack. The massive amounts of data generated by users’ interactions can be used to train AI algorithms and improve their accuracy and effectiveness. This mutually beneficial relationship has exciting potential. To be fair, for those of you who are worried data mining, not all metaverse platforms will release all your data.
Of course we have to touch on the security risks to consider, such as hacking and harassment. We saw this this week with Siemens Metaverse exposer of corporate data. But not to worry just as we see stolen data from our mobile phone companies, measure will be taken to provider stronger security. And AI can help detect and prevent these malicious activities, making the metaverse a safer place for all users.
As with any new technology, there will be challenges to overcome. But as Nguyen (Wen) notes, “Like the internet, the metaverse will continue to evolve.”
We must keep an eye on these two technologies and their evolving relationship, as the potential for personalized, immersive experiences and intelligent avatars is mind-blowing.
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Diving deeper into AI and Metaverse – here is a break down some serious tech news that’s going to impact every industry in 2023 and beyond. Just recently, Amy Webb launched Future Today Institute’s Emerging Tech Trend Report at SXSW 2023, and it’s got our minds blown with over 600 trends across 819 pages. But let’s cut to the chase and talk about the ones that matter most – AI and the Metaverse.
These trends are already reshaping industries and will change society as we know it. Right now we are moving from the internet age of information to interconnected data, and that means LLMs (Large Language Models) or AI will play a significant role. We’re talking AI accelerators, cloud computing, and massive neural networks that will make our current technology seem primitive. But with all of this new tech comes the need for regulation and preparation, and education on how to use AI or entire groups of people risk falling behind.
On the optimistic side, AI and the Metaverse will transform industries like medicine and education, increasing productivity and creating new tools for humanity. But on the catastrophic side, we could face aggressive data scraping and new digital divides. It’s not all doom and gloom, though. We have the power to create a better future by showing up for ourselves and each other. Let’s embrace this moment and make it count!
As we said last week, we need to show love for each other and for technology and show our best selves to move forward for the best future.
Lastly, there is an event on Wednesday that is not to be missed. Alt Ethos is proud to be a part of the future of the metaverse! We’re excited to sponsor the upcoming Metaverse Networking event, hosted by the Reality Innovators Network on the cutting-edge platform by Odyssey VR.The Reality Innovators Network , the largest Metaverse, VR/AR/XR community on LinkedIn with over 60,000 members on Linked. We have provided the link below.
That’s it for this week
Thanks for tuning in, make sure to hit subscribe and put your thoughts below, and we’ll see you next week for our first XR, Metaverse and Web3 news roundup in under 5 minutes.
Don’t miss Staying Fit in the Metaverse – Wednesday 4/19 @11am Pacific.
Our latest video from Alt Ethos, a Metaverse and Experiential Design Studio, where we’re bringing you the latest in Metaverse, XR, and Web3 news to keep you ahead of the curve. In just under 5 minutes, we’ll give you the lowdown on the industry’s hottest topics, including Disney’s recent decision to cut its Metaverse unit and Elon Musk’s call for an AI pause.
Hi there! I’m Ethan Bach, and I’m thrilled to be coming to you from Alt Ethos, a Metaverse and Experiential Design Studio in our weekly roundup. In under 5 minutes, we’ll be giving you the latest Metaverse, XR, and Web3 news to keep you ahead of the curve.
The Metaverse, XR, and Web3 industries are quickly evolving, and we’re here to keep you up-to-date. Today, we’ve got two hot topics that are shaking up the industry.
First, Disney’s recent decision to cut its Metaverse unit and let go of its entire team of 50 employees, and second, Elon Musk’s call for an AI pause, citing “risks to society.” So, let’s dive right in.
Although it’s disappointing to hear about Disney’s decision, it’s important to note that Disney is a huge entertainment company,
but Disney is not known for being a leader in storytelling and entertainment technology in recent years. They’ve been slow to embrace VR and AR and were late to the game in streaming.
So, we wouldn’t use them as a barometer for the Metaverse.
Despite Disney’s decision, the Metaverse industry as a whole is still on the rise, with tech giants like Nvidia and Amazon are active.
Bloomberg predicts that the Metaverse will become a $2.5 trillion market by 2030,
THAT’S HUGE! and we’re thrilled to witness major advancements in gamification and interactivity development in the Metaverse.
We’re are also excited to see more integration of AI, which will enable designers to create from text prompts, use AI NPCs for more dynamic interactions, and develop storytelling across various industries. Not to mention we not that Unreal Engine platform provider is currently available on browsers and will be available on mobile this year! That means an Unreal Engine Metaverse that you can access from your mobile device. Exciting times lie ahead.
Although Disney’s decision is unfortunate, it presents an excellent opportunity for other entertainment companies to step up their game and take advantage of this growing industry. For instance, our friends over at Meow Wolf can use this chance to innovate and create immersive experiences for their audiences.
Moving on, let’s talk about the recent open letter signed by some heavy hitters, such as Elon Musk, Steve Wozniak, and Andrew Yang, calling for a six-month break on AI experiments.This call has sparked a lot of discussion about the future of AI. We asked ChatGPT its thoughts on the matter.
“As an AI language model, I recognize the benefits of progress and advancements in technology, but I also acknowledge that with great power comes great responsibility. AI can bring significant benefits to society, but we need to make sure we’re doing it in a safe, ethical, and transparent way.”
That’s where the proposed six-month pause comes in.
The letter states that It’s not about putting a complete halt on AI development but taking a step back to assess the potential risks and develop shared safety protocols. The pause will give AI researchers and policymakers time to refine AI governance systems, ensure advanced AI systems are audited and overseen by independent experts, and mitigate any potential harms before they become unmanageable.
Given the current economic climate, with a rise in unemployment expected, AI taking jobs is already happening, and it’s only going to increase.
We need to make sure that AI development remains aligned with societal values and that we’re not leaving people behind.
That’s it for this week
Thanks for tuning in, make sure to hit subscribe and put your thoughts below, and we’ll see you next week for our first XR, Metaverse and Web3 news roundup in under 5 minutes.
As the world becomes increasingly digital, businesses must adapt to stay relevant and competitive. One area where businesses can gain a significant advantage is through the use of extended reality (XR) technologies, such as Metaverse, virtual reality (VR), augmented reality (AR), and mixed reality (MR). XR technologies provide businesses with new ways to engage with customers, streamline operations, and train employees.
However, incorporating XR technologies into a business can be a daunting task, especially for those without experience in the field. That’s where XR Consulting comes in. XR Consulting services provide businesses with the expertise and guidance they need to leverage XR technologies effectively. In this blog post, we will explore 5 benefits of XR Consulting for businesses.
1. XR Consulting Helps Businesses Identify Opportunities
XR Consulting services can help businesses identify areas where XR technologies can be most effective. For example, if a business wants to improve its customer engagement, XR consultants can recommend VR or AR solutions that will provide customers with a more immersive and engaging experience to create memorable experiences to be shared.
2. XR Consulting Streamlines Implementation
Once a business has identified the XR technology it wants to incorporate, XR Consulting services can help with implementation. XR consultants can provide businesses with detailed plans and guidance on how to integrate XR technologies into their existing systems, minimizing disruptions and downtime and increasing productivity.
3. XR Consulting Enhances Employee Connection
XR technologies can create virtual social events. With remote working across the globe creating virtual social events that are immersive and fun help connect the team in a meaningful way that increases employee retention and workplace happiness.
4. XR Consulting Improves Customer Experience
One of the most significant benefits of XR technologies is the ability to create more engaging and immersive customer experiences. XR consultants can help businesses design and implement VR, AR, or Experiential solutions that will provide customers with unique and memorable experiences. This can help businesses stand out in crowded markets and improve customer loyalty.
5. XR Consulting Increases Efficiency
Finally, XR technologies can help businesses streamline their operations and increase efficiency. For example, MR solutions can be used to provide employees with real-time visualization, improving decision-making, creativitiy and reducing errors. XR consultants can help businesses identify and implement these solutions, improving overall efficiency and productivity.
XR Consulting services can provide businesses with the expertise and guidance they need to leverage XR technologies effectively. From identifying opportunities to improving employee connections and customer experience, XR technologies offer numerous benefits for businesses. If you’re considering incorporating XR technologies into your business, consider partnering with Alt Ethos with over three decades of experience.
Alt Ethos is not just any XR Consulting service. We’re rebels. We’re pioneers. We’re the ones who’ve been pushing the boundaries of technology for over three decades. From our experience with Department of Defense and National Science Foundation research in 360 and VR to our Emmy award-winning team, we’ve always been at the forefront of innovation.
And now, we’re bringing that expertise to businesses like yours. We’re here to help you unlock the full potential of XR technologies and take your business to the next level. With our guidance, you can improve customer engagement, streamline operations, and enhance employee connections in ways you never thought possible.
So if you’re ready to join the XR revolution, come partner with us at Alt Ethos. We’re here to help you disrupt your industry, create unforgettable experiences for your customers, and unleash your business’s full potential. Contact us today.
At Alt Ethos, we recognize the crucial role that digital transformation plays in the success of any organization, particularly in this fast-changing world. The recent COVID-19 pandemic has only accelerated the need for adaptation, and we take pride in helping organizations stay ahead of the curve and thrive in this new reality.
To stay true to our commitment to innovation, we are shifting our focus to Metaverse Design, VR, XR Consulting, and product design. We will continue to provide select custom physical experiences and projection mapping, but we are announcing that we are closing our Events rental and design department to double down on our core areas of expertise. In the upcoming months, you will see these shifts across our communications.
At Alt Ethos, we believe in leading with vision and excellence in execution. We remain focused on delivering clear and targeted visions that cater to the needs of our clients and our organization. Making tough decisions about where to invest our efforts and what work to delay or avoid is at the core of our approach. We put user experiences at the forefront of our designs, cultivate expertise in specific roles, and invest in strategies and systems to improve productivity.
Our teams are empowered to think strategically and continually challenge themselves to innovate in the realm of experiential storytelling. We are committed to providing exceptional solutions that help our clients achieve their goals and stay ahead of the curve in the rapidly evolving Metaverse and XR landscape.
At Alt Ethos, we are excited to embrace change and focus on our areas of expertise to bring about unparalleled success for ourselves and our clients.
We are thrilled to announce a new strategic partnership between Alt Ethos and Rolling Dice Media, a game-changer in 3D animation, gaming, and 2D design. This partnership will allow us to offer our Metaverse clients an even wider range of services and expertise, as well as give us a greater presence in the market. Together, we’ll be able to provide an integrated approach to storytelling, marketing, and business strategy that is unparalleled in the industry. The alliance will accelerate our brands in concert with expanding global reach and deliver next-gen Metaverse builds for brands across Entertainment, Sports, Education, and beyond.
With the help of our collaborators at Rolling Dice Media, we are ready to revolutionize NFT design and storytelling expectations. With 3D modeling aesthetics from both companies merging together, we will be able to shape an indelible mark on the Metaverse in a distinctive and influential way. This agreement will enable us to take our services to the next level and increase enriched content experiences for our clients.
Rolling Dice Media, located in Bangalore, India, strengthens our reach in the East and brings experience in working with Companies like Amazon, Farmville, and Motorola. Their work speaks for itself with thoughtful design and storytelling that creates a memory and develops characters for your brands. Alt Ethos, with our HQ in Denver, Colorado, is a leader in Web3 by providing unique experiential Metaverse designs that get results. With 3x the staying power of our competitors, Alt Ethos creates extraordinary Metaverse experiences.
We’re excited to welcome Rolling Dice Media as a part of our team and look forward to all the fantastic opportunities this new alliance will bring. Stay tuned for more updates on this exciting partnership! We can’t wait to share with you all the exciting projects we have in store.
As the metaverse blasts off into mainstream use, businesses have a fantastic opportunity to join in and launch dazzling virtual experiences. Our years of work with top clients in the Metaverse—like Loreal, Anythink Libraries, and blockbuster Vikram Movie–have equipped us to help you understand what it takes to construct memorable design elements within this new frontier. Through meaningful interactions with users and digital objects, your business can establish itself as an innovator in brand marketing unlike any other! So let’s take a look at some of the key components necessary for successful metaverse creation so that your audience is consistently captivated by what they see.
1. Navigation: One of the most important aspects of metaverse design is creating a clear and intuitive navigation system. This includes everything from how users move around the virtual space to how they interact with objects and other users. In order to create a seamless and enjoyable experience, it’s essential to make navigation as intuitive as possible, using clear visual cues and straightforward controls.
2. Interactivity: Another important aspect of metaverse design is interactivity. A key goal of any virtual experience is to make users feel as though they are truly a part of the environment. This means designing experiences that are not only visually immersive but also interactive, allowing users to engage with the virtual space and other users in meaningful ways.
3. Branding: The metaverse is also an excellent opportunity for businesses to showcase their brand in a new and exciting way. To make sure that the brand is consistent and memorable, it’s important to incorporate your brand’s colors, images, logo, and messaging throughout the virtual experience.
4. Accessibility: To truly revolutionize the Metaverse, we must make sure it is accessible to everyone. That’s why our team puts inclusivity first and foremost when designing experiences: from users with disabilities who need a bit of extra help navigating their way through the experience; to those living far away who access this world via a web browser or phone.
5. Innovation: The metaverse is a relatively new and constantly evolving medium, which means that there’s a lot of room for innovation in terms of design and user experience. Staying up-to-date with the latest trends and technologies, and experimenting with new ideas can help you create truly unique and engaging virtual experiences for your business.
By harnessing the power of the Metaverse, Alt Ethos can help businesses create a captivating virtual world for their audience. From platforms with high resolution, ingenious navigation, and interactions to enhance user engagement; let us make your brand’s experience truly unique in today’s ever-evolving digital landscape. Partner with us to take your business into the future!
