Nvidia CEO believes the ‘metaverse’ can save companies billions of dollars in the real world.
“The vast majority of companies today waste too much because we don’t simulate.” ~Jensen Huang
Here is what artificial intelligence has to say about this topic:
The metaverse is a virtual shared space that is created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented realities, and the internet. While it is not yet clear to what extent the metaverse will be adopted by businesses, it is possible that it could provide significant cost savings for companies in a number of ways.
For example, the metaverse could potentially be used to:
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- Reduce travel costs: Companies could use the metaverse to hold meetings and events virtually, potentially reducing the need for employees to travel.
- Increase productivity: By providing a virtual space where employees can collaborate and work together, the metaverse could potentially increase productivity by reducing the time and effort required to coordinate tasks and projects.
- Enhance customer experiences: The metaverse could be used to create immersive and engaging customer experiences, potentially increasing customer satisfaction and loyalty.
- Reduce the need for physical infrastructure: By providing a virtual space for business operations, the metaverse could potentially reduce the need for physical office space and other infrastructure, resulting in cost savings.
Overall, it is too early to know for certain how the metaverse will be used by businesses and what impact it will have on costs. However, it is clear that the metaverse has the potential to provide significant cost savings and other benefits for companies that are able to effectively leverage it.
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Metaverse Quotes
- “With the metaverse we are transitioning from viewing a 2D world looking at the Internet to living inside the Internet in a 3D world.” ~Dave Waters
- “I’m not a big fan of self-driving cars where there’s no steering wheel or brake pedal. Knowing what I know about computer vision and AI, I’d be pretty uncomfortable with that. But I am a fan of a combined system – one that can brake for you if you fall asleep at the wheel, for example.” ~Oren Etzioni
- “We need to win the fight against platform monopolies, because Apple and Google currently have rules in place to prevent the metaverse from existing on the Google Play Store and on iOS. They have rules that prevent web browsers from existing — you’re only allowed to use their web browser.” ~Tim Sweeney
- “Sometime in the next 40 years, robots are going to take your job. I don’t care what your job is. If you dig ditches, a robot will dig them better. If you’re a magazine writer, a robot will write your articles better. If you’re a doctor, IBM’s Watson will no longer “assist” you in finding the right diagnosis from its database of millions of case studies and journal articles. It will just be a better doctor than you.” ~Kevin Drum
- “The future of collaboration is the metaverse.” ~Dave Waters
- “Meta’s metaverse would be a massive factor in replacing human relationships. Not only would it threaten or endanger human interaction, but it could contribute to people choosing more of the AR world rather than the real world outside the lenses.” ~Eric Schmidt