“Metaverse” in particular, but also augmented reality, virtual reality or extended reality, have been eclipsed by the fever over generative artificial intelligence and large language models in 2023.
Though interest will return eventually, generative AI will scale commercially much faster.
There are good reasons why generative AI will get commercial traction faster than AR, VR or XR: cost, ease of use and scalability.
Broadly speaking, the cost to create a commercial use case, at scale, is far easier with generative AI.
Generative AI is software-based, and can be used with virtually any existing application, to add content creation; support or code-writing tasks to any existing app. That means the time to deploy and cost to deploy--while far from insignificant--can rely on existing app use cases and deployed instances.
Any form of “Metaverse,” AR, VR or XR apps require new specialized hardware, generally are not “mobility enabled” and also require creation of new apps and ecosystems. That takes time and money.
So generative AI is easier to create and deploy and easier to use. It requires no new hardware; no new behavioral changes; no new applications. It simply adds features to what already exists.
Since generative AI is essentially a “bolt on” for existing use cases and apps, it can scale quickly.
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