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The metaverse’s future in China is an exciting and evolving landscape, driven by the rapid development of artificial intelligence (AI), big models, and chatbots. Recent events, such as the ChinaJoy exhibition, have highlighted the metaverse’s potential and the role of cutting-edge technologies in shaping its growth.
While the metaverse faced challenges in the past, such as inflated expectations around VR, it is now witnessing a resurgence fueled by advancements in AI and big models. Industry insiders emphasize that AI’s rapid development is instrumental in bringing the metaverse to life. Recognizing the potential, the city of Shanghai issued the “Key Technology Development Action plan for the Metaverse (2023-2025)” in June, reinforcing its commitment to support metaverse technology. AI-generated content (AIGC) plays a pivotal role in the metaverse’s evolution, especially in the realm of gaming. The metaverse thrives on vast digital assets, and AIGC offers a solution by streamlining content creation. By leveraging AI in the production process, the metaverse can achieve large-scale, high-quality virtual content creation, redefining productivity standards. Source: NFT News Today
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