How Artificial Intelligence Will Impact the Metaverse

Not so long ago, you would only find artificial intelligence in science fiction novels, but now, it is a very standard technological tool that is becoming more and more important. So, what exactly is artificial intelligence, how does it affect the Internet, and how will it help change the world of web3 and the metaverse?

What is artificial intelligence?

Artificial intelligence, referred to as AI, is basically the simulation of human intelligence by a computer system. Artificial intelligence typically mimics tasks associated with human skills, such as those that require logic or reasoning. At this stage, most AI works as an algorithm or several algorithms working together to form an AI system.

Artificial intelligence systems typically work by analyzing large amounts of data, finding patterns, and then using those patterns to predict future events. For example, speech recognition, computer vision (where computers recognize images) or natural language processing (where computers can understand human language) are common examples of artificial intelligence in practice. All of this requires AI algorithms to digest large amounts of data and learn its patterns to better identify them in the future.

Artificial Intelligence and the Internet

Believe it or not, artificial intelligence is already a core part of our current Internet: Web 2.0. It implements many of the "smart" features of the web, like linking users to things they might like, whether that's friends, news, or products.

However, because our current internet is largely owned by a handful of companies (think Google and Meta), the development of AI and the benefits it brings are privatized and Used to create profits for a small number of upper class individuals. This is especially unfair when you consider that they use your personal data to train their AI algorithms!

Why does Web3 need AI?

Fortunately, someone took up the challenge of the Internet revolution and made it a more democratic and exciting place for everyone. The Internet of the future (web3) will use artificial intelligence in a very different way to ensure broad participation and transparency.

Web3, or the decentralized web, offers a new vision for the future of the internet, one in which the web will no longer be monopolized by a handful of large technology companies. In this decentralized world, users will own their data, privacy will be protected, censorship will cease to exist, and rewards will be shared fairly.

Ownership: Web3 will allow creators to fully control and prove ownership of their data, AI models, and any acquired digital assets. If you consider that currently anything you post on Facebook is immediately owned by Meta, this is a huge power shift. In web3, people will no longer be just users, but owners and active participants - including artificial intelligence.

Democratizing the Internet: Over the past decade, large tech companies have used centralized artificial intelligence models to extract value from users and derive business insights. In web3, each user will own their own data and assets, so it will be possible (and hopefully normal) to have and train their own AI systems. This means that AI capabilities will serve everyone, not just the wealthy few.

Invest in Creation: Content creators bring us joy, valuable entertainment, and a lot of meaning, but few get decent compensation. . Leveraging the power of artificial intelligence in the web3 decentralized model, a new creator economy is becoming possible. Community-driven web3 platforms are able to invest in the creators they love, and creators can take advantage of the new revenue streams web3 offers.

New Opportunities: Personal AI can be trained in required skills. Whether it’s creating the best goal scorer in monetized online games, predicting financial markets or analyzing your business data, having artificial intelligence opens up new opportunities for everyone.

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